Lufthansa plans to acquire a 41pc stake in ITA Airways, the successor to Alitalia, for €325m as early as next week.
The acquisition is expected to finalize on January 13, 2025, following extensive discussions and approvals.
The deal received the green light from the European Commission, which introduced competition remedies to ensure fair market conditions.
Lufthansa CEO Carsten Spohr revealed the acquisition timeline during an employee event, emphasizing the strategic importance of this investment.
