Lufthansa Group Solidifies Dominance in European Aviation with Majority Stake Acquisition in ITA Airways, Paving Way for Full Integration by 2028

The Lufthansa Group has confirmed its definitive move to acquire majority control of ITA Airways, Italy’s national flag carrier, signaling a pivotal shift in the European aviation landscape. The German…

A 12% Stake and a Looming Board Meeting: What Does Accor’s Activist Investor Want?

The quiet passing of the May 2 deadline for shareholder resolutions has cast an intriguing shadow over Accor, one of the world’s leading hospitality groups, as its largest activist investor,…

Accor Completes Landmark Divestment of Essendi Stake, Solidifying Asset-Light Strategy with €975 Million Sale to Blackstone and Colony

Paris, France – Accor, a leading global hospitality group, announced on Wednesday the sale of its approximately 31% stake in Essendi, a prominent owner and operator of a significant portfolio…