Deutsche Lufthansa AG is close to making an offer for Italy’s ITA Airways under a deal that would likely see the German airline eventually take full ownership of the successor to
Alitalia, according to people familiar with the matter.
After extensive stop-start talks over ITA’s fate, Lufthansa is set to finally make a preliminary bid for ITA on Wednesday, said the people, asking not to be identified discussing private deliberations. The German carrier is poised to take an initial 40% stake in ITA, with an option to eventually increase its shareholding to 100%, the people said.
Accendiamo un cero.