Aegean Airlines to acquire rival Olympic within 2 weeks-statement

Reuters

ATHENS (Reuters) - Greece's Aegean Airlines (AGNr.AT) will complete the acquisition of its loss-making rival Olympic Air within two weeks, Olympic's owner Marfin Investment Group (MRF.AT) said in a statement on Wednesday.

Aegean won European Union approval earlier on Wednesday to buy Olympic Air at the second attempt, after a new antitrust investigation found Olympic would close down if the deal was blocked.

(Reporting by Angeliki Koutantou and Lefteris Papadimas; Writing by Karolina Tagaris. Editing by Jane Merriman)

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