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Mergers & Acquisitions

Italy's Conte calls on Delta to commit more to Alitalia

Delta Air Lines should consider increasing its planned investment in the rescue of Alitalia, Italian Prime Minister Giuseppe Conte said on Saturday as talks over the relaunch of the Italian flagship carrier drag on.

Blackstone to buy five hotels in Greek islands

Blackstone Real Estate Partners Europe, a unit of U.S. private equity firm Blackstone Group , agreed to buy five hotels in Greece from Louis Group in a deal valued at 178.6 million euros ($197 million), the firm said on Friday.

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