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Alitalia and Etihad have agreed, Etihad acquires

  • Published by Ozgur Tore

Alitalia and Etihad Airways today confirmed that they have agreed the principal terms and conditions of a proposed transaction.

Alitalia-A330-200According to the agreement, Etihad Airways will acquire a 49 per cent equity stake in Alitalia.

The airlines will now move to finalise the transactional documents, that will include the agreed upon conditions, as soon as possible. The conclusion of the investment is subject to final regulatory approvals.

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