Qatar Air to Acquire Meridiana Stake in Global Investment Spree

  • Company plans to buy 49% holding in Italian airline by October
  • Deal is still pending fulfilment of ‘certain conditions’

Qatar Airways agreed to buy a 49 percent stake in Meridiana Fly SpA as a spat with labor leaders waned at Italy’s second-biggest airline, marking the Persian Gulf carrier’s third investment abroad to expand its global reach.

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