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Europe Daily Bulletin No. 13445

4 July 2024
Contents Publication in full By article 14 / 33
ECONOMY - FINANCE - BUSINESS / Competition
European Commission finally approves, subject to conditions, acquisition of ITA by Lufthansa and Italian Ministry of Economy and Finance
Brussels, 03/07/2024 (Agence Europe)

On Wednesday 3 July, the European Commission finally announced that it had authorised the proposed acquisition of joint control of ITA Airways (‘ITA’) by its competitor Deutsche Lufthansa AG (‘Lufthansa’) and the Italian Ministry of Economy and Finance (‘MEF’), subject to compliance with the proposed remedies. Lufthansa will take a 41% stake inITA.

The European Commission opened an in-depth investigation on 23 January (see EUROPE B13334A24). On 25 March (see EUROPE...

Contents

EXTERNAL ACTION
SECTORAL POLICIES
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
ECONOMY - FINANCE - BUSINESS
HUNGARIAN PRESIDENCY OF THE COUNCIL OF THE EUROPEAN UNION
Russian invasion of Ukraine
EP2024
SECURITY - DEFENCE
NEWS BRIEFS