Lufthansa finds itself in a race against time as it hopes to find a last-minute agreement with the European Commission on the takeover of Austrian Airlines. The takeover offer for Austrian’s current shareholders expires on Friday. Negotiators were still trying to sort out differences on how the commission’s demands on concessions could be met. Some industry sources said an agreement could come as early as Tuesday, but others said that was still very uncertain. Regardless of the final ...
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