Lufthansa bids for ITA Airways minority stake

BERLIN (Reuters) – German carrier Lufthansa said on Wednesday it had submitted to the Italian Treasury an offer for a minority stake in ITA Airways.

“The plan is to agree on the initial acquisition of a minority stake as well as on options to purchase the remaining shares at a later date,” Lufthansa said.

(Reporting by Kirsti Knolle, editing by Rachel More)

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