Airlines to finalise transaction

Etihad to acquire 49% of Alitalia

GMT 04:32 2014 Wednesday ,25 June

Arab Today, arab today Etihad to acquire 49% of Alitalia

Alitalia and Etihad Airways
Abu Dhabi - Arab Today

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