BERLIN (Reuters) -Germany's antitrust watchdog has approved Lufthansa's acquisition of a minority stake in Latvia-based carrier airBaltic, it said on Monday. "We had to clear the merger because on the
Lufthansa's Minority Stake in airBaltic Approved by German Watchdog
BERLIN (Reuters) -Germany's antitrust watchdog has approved Lufthansa's acquisition of a minority stake in Latvia-based carrier airBaltic, it said on Monday.
"We had to clear the merger because on the whole, the routes affected constitute so-called minor markets with very low domestic sales volumes," antitrust agency head Andreas Mundt said in a statement.
(Reporting by Thomas Seythal, Editing by Friederike Heine)
