eu approves lufthansa buyout of air berlin assets
Last Updated : GMT 17:26:34
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Last Updated : GMT 17:26:34
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EU approves Lufthansa buyout of Air Berlin assets

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Arab Today, arab today EU approves Lufthansa buyout of Air Berlin assets

German carrier Lufthansa clinched EU approval on Thursday
Brussels - Arab Today

German carrier Lufthansa clinched EU approval on Thursday for its scaled back bid to snap up assets of bankrupt Air Berlin, a European Union statement said.

"Lufthansa has put forward improved remedies that make sure the effects of its (Air Berlin subsidiary) LGW acquisition on competition are limited," EU Competition Commissioner Margrethe Vestager said.

Source:AFP

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