Lufthansa offers concessions to gain EU nod on ITA takeover [Yahoo! Finance]
INTL CONSL AIRLNS S/ADR (ICAGY)
NASDAQ:AMEX Investor Relations:
iagshares.com
Company Research
Source: Yahoo! Finance
acquisition of a minority stake in Italian carrier ITA Airways, an update on the European Commission website shows. The EU executive did not provide details of the remedies, in line with its policy, and is expected to seek feedback from rivals and customers before clearing the deal or making further demands. Lufthansa's remedies could include ceding airport slots, traffic rights and planes to a rival, similar to those in a Korean airline deal approved by the Commission, a person with direct knowledge of the deal has told Reuters. The EU antitrust watchdog has said the deal threatened competition on short-haul routes between Italy and Central European countries, as well as on long-haul routes between Italy and the United States, Canada and Japan. It would also strengthen ITA's dominant position at Milan's main airport. Lufthansa's plan to buy a 41% stake in state-owned ITA for 325 million euros ($346.3 million) and British Airways owner IAG's bid to buy out Spain's Air Europa
Show less
Read more
Impact Snapshot
Event Time:
ICAGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ICAGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ICAGY alerts
High impacting INTL CONSL AIRLNS S/ADR news events
Weekly update
A roundup of the hottest topics
ICAGY
News
- La Comisión envía un pliego de cargos sobre la propuesta de adquisición de Air Europa por IAGPR Web
- EU antitrust regulators warn IAG, Air Europa deal may reduce competition [Reuters]Reuters
- EU antitrust regulators warn IAG, Air Europa deal may reduce competition [Reuters]Reuters
- Exclusive: EU regulators have not sought feedback on IAG's Air Europa deal, sources say [Reuters]Reuters
- British Airways-owner IAG mulls dividend payout this year, Bloomberg News reports [Reuters]Reuters