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Etihad to buy 49% stake in Alitalia

Deal will let CEO James Hogan expand Etihad's global reach
Thursday, June 26, 2014 - 06:00

[DUBAI] Alitalia SpA and Etihad Airways PJSC have agreed on principal terms that will give the Middle Eastern airline a 49 per cent stake in the bailed-out Italian carrier.The two airlines will next complete final documents for a transaction, according to a joint statement yesterday, and

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