Aegean Airlines Agrees New Deal to Buy Olympic Air
Airlines October 22, 2012
Aegean Airlines is attempting once more to take over Greek rival Olympic Air, although the European Commission blocked a previously planned merger between them in January 2011. Marfin Investment Group has agreed to sell all the shares of Olympic Air to Aegean Airlines for €72 million.
Read moreThe European Commission has decided to prohibit the proposed merger of Greek carriers Olympic Air and Aegean Airlines, following a monopolies investigation which lasted 10 months.
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