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Ryanair to refer Air Berlin/Lufthansa deal to EU Commission
October 12, 2017 / 3:03 PM / 9 days ago

Ryanair to refer Air Berlin/Lufthansa deal to EU Commission

DUBLIN (Reuters) - Ryanair (RYA.I) will refer rival Lufthansa’s (LHAG.DE) 210 million euro (188.38 million pounds)deal to buy large parts of insolvent Air Berlin (AB1.DE) - a process it has previously described as “a stitch-up” - to European Union competition authorities.

FILE PHOTO: People walk to board a Ryanair flight at Stansted Airport, northeast of London, Britain, September 7, 2017. Picture taken September 7, 2017. REUTERS/Kevin Coombs/File Photo

“We will be referring the matter to the EU competition authority in due course,” a Ryanair spokesman said in an emailed statement after the deal was announced, declining further comment.

Reporting by Padraic Halpin and Conor Humphries, editing by David Evans

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