In May 2023, the two airlines agreed that Lufthansa would pay $356m for a 41% stake in Alitalia. While this was approved by the Italian government, who was eager to offload an asset that has become a drain on limited resources for years, the deal still had to be approved by the EU Commission for Competition.

Deutsche Lufthansa AG has worked out differences with the Italian government over ITA Airways and is on track to finalize its deal to take over the money-losing airline.The Italian government said late Monday that it’s presented a set of remedies to the European Commission over concerns about the deal,

Lufthansa Group submitted a package of remedies to the European Commission needed to secure antitrust EU approval to take a minority stake in ITA Airways, the German airline said on Tuesday, bringing it a step closer to closing the deal after a dispute with Italy's Treasury last week put it on hold.

The Italian government and Lufthansa reached a deal on the sale of a stake in flag carrier ITA Airways to the German airline, Rome announced Monday evening, hours before a

The Italian Ministry of Economy and Finance has revealed that it has reached a deal with Germany's Lufthansa Group for a 49% stake in ITA Airways. View on euronews

Italy's Treasury said late on Monday it sent to the European Commission the package of remedies needed to secure EU antitrust approval for the tie-up between ITA Airways and Germany's Lufthansa. The German carrier is looking to acquire a 41% stake in state-owned ITA but the deal was put on hold last week due to a dispute between the Treasury and Lufthansa over the agreed price.

The path for Lufthansa to take over the state-owned Italian airline ITA is clear, as the required documents for the buyout were submitted on time to the EU competition authority, Italy's finance ministry said on Monday.