Lufthansa said yesterday that its takeover offer for Austrian Airlines has been accepted by "over 85%" of AUA shareholders including the 41.56% stake held by OIAG and "the syndicate of Austrian core shareholders" consisting of LVBG, RIG and WSV-AG Vienna Insurance Group. The purchase is still subject to the approval of antitrust authorities and the provision of €500 million in restructuring aid by the Austrian government (ATWOnline,May 12).
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