EU approves LaudaMotion takeover by Ryanair

Credit: LaudaMotion
Irish LCC Ryanair said it welcomed the European Union Commission’s decision to approve Ryanair’s proposed acquisition of a 75% interest in Austria-based LaudaMotion July 12. Ryanair currently owns 24.9% in LaudaMotion. In March, Ryanair entered into partnership with Niki Lauda , ex-Formula 1...

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