European Commission clears the way for Ryanair to take controlling stake of Laudamotion

13 July, 2018

European Commission approved (12-Jul-2018) unconditionally the proposed acquisition of Laudamotion by Ryanair. Under EU merger regulations, the Commission concluded the transaction would raise no competition concerns in the European Economic Area. As previously reported by CAPA, Ryanair plans to increase its stake in Laudamotion from 24.9% to 75%. [more - original PR]