Friday 27 June 2014

Etihad ready to embark on final stages of Alitalia stake purchase | The National

Etihad ready to embark on final stages of Alitalia stake purchase | The National:



"Etihad Airways has outlined the final steps required for it to seal the acquisition of a 49 per cent stake in Alitalia.



The steps will require a matter of months, the airline said.



In an emailed statement yesterday, Etihad said the remaining steps are: completing the transaction documents; finalising of the conditions precedent; applying for regulatory approval; and final shareholder and board approvals."



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