Etihad Airways cautioned Thursday it may take several months to close the deal for a 49% stake in Alitalia. Etihad said the agreement with Alitalia “was the latest step in a process which could lead to the finalization of a proposed transaction.” According to the Abu Dhabi-based carrier, while “principal terms and conditions” had been agreed upon, several steps remain before the deal is sealed. “Further steps will include: completion of the transaction ...

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