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Lufthansa closes in on stake in Italy's ITA Airways
Lufthansa closes in on stake in Italy's ITA Airways
Business and Economy
by  AFP

German airline giant Lufthansa submitted a fresh offer Wednesday for Italy's troubled ITA Airways, bringing a turbulent takeover process closer to the finish line. The German group -- which also owns Swiss, Brussels and Austrian Airlines -- has always made clear it was interested in a "true privatisation" of ITA Airways.