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Lufthansa says it is close to getting the go ahead from the European Union (EU) for its takeover of the Italian national carrier ITA Airways, with the EU competition authority about to sign off on it. Lufthansa’s shares fell 5.57% on Thursday evening, trading at €5.93. The deal is likely to be worth about €325 million for now and will allow Italy to dispose of ITA Airways, which has been a loss-making asset for a while now, therefore going some way towards plugging national finances. The deal needs to be finalised by 4 July, although the details may still change by then. Lufthansa is likely to…

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