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Etihad to buy 49% stake in Alitalia
Deal will let CEO James Hogan expand Etihad's global reach
Published Wed, Jun 25, 2014 · 10:00 PM
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[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 conclusion will depend on regulatory approva…
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