Lufthansa’s shares go down as airline says it has no plans for majority stake in ITA

Lufthansa’s shares go down as airline says it has no plans for majority stake in ITA

City A.M.

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Lufthansa’s shares have gone down 8.09 per cent today as the German carrier announced it has no plans to gain a majority stake in Alitalia’s successor ITA. Chief executive Carsten Spohr told investors today not to worry about the takeover, as owning a majority stake in ITA is “far away” from his intentions. “We know [...]

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