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Alitalia and Etihad Group Finalize $2.35 Billion Acquisition Deal

By Sarah Price - Aug 09, 2014 08:48 AM EDT

Alitalia Airlines, the struggling Italian airways and Etihad Group, the flagship carrier of Abu Dhabi, have finalized the $2.35 billion acquisition deal, where Etihad purchases 49 percent stake in Alitalia.

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