Qatar Airways to buy 49pc of Italian carrier Meridiana
DOHA, July 14, 2016
Qatar Airways signed an agreement to purchase 49 per cent of Italian airline Meridiana on Thursday, the Gulf-based carrier said in a statement.
The agreement is "subject to the fulfilment of certain conditions, before the closing which is planned for early October," Qatar Airways said.
It said in June it had reached an impasse in negotiations to buy the stake due to disagreements over working conditions.-Reuters