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)
- Sports & Recreation
- Aegean Airlines
- Olympic Air
- Marfin Investment Group