Acquisition

Approved transaction of a capital increase of 325 million euros by Deutsche Lufthansa AG to ITA Airways completed: Lufthansa Group holds 41% of ITA Airways shares, expanding its offerings as the fifth airline in the network. Carsten Spohr: “We look forward to continuing the impressive success story of ITA Airways together"

The Israeli tourism company acquires 25% of the shares in the Cypriot airline TUS Airways from Global Wings and American businessman Kenneth M. Woolley. How much will the deal cost?