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Lufthansa higher as EC widens Austrian Airlines probe, Air France-KLM gains, BA slips

Analysis

Lufthansa's shares rose 0.4% to EUR8.97 as the European Commission deferred a decision on the German carrier's planned takeover of Austrian Airlines. The Commission has launched an in-depth investigation into the planned acquisition citing "serious" competitive concerns. The Commission now has up to 90 days to decide whether to allow or block the deal.

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