Etihad-Alitalia deal to face close EU scrutiny | GulfNews.com:
"Etihad Airway’s latest move to turn around Italy’s Alitalia will come under the watchful eyes of European regulators, who are already looking at the Abu Dhabi carrier.
Etihad said on Friday it has signed a €560 million (Dh2.7 billion) deal that includes a 49 per cent stake in Italy’s Alitalia. The equity stake is costing the Abu Dhabi airline €387.5 million.
Asked how the airline is funding the investment, Etihad Airway’s President and Chief Executive James Hogan said on Friday the money is coming “from Etihad.”"
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