EU approves Lufthansa buyout of Air Berlin assets
EU approves Lufthansa buyout of Air Berlin assets
Brussels - Al Maghrib 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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