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Lufthansa offers €500m to acquire Alitalia

German airline Lufthansa is planning to offer 500 million euros to acquire some units of the bankrupt airline Alitalia.

Lufthansa has also proposed halving Alitalia's workforce of 12,000 employees and cancellation its short- and medium-range flights.

Lufthansa CEO Carsten Spohr, after announcing the acquisition of the bankrupt airline Air Berlin last week expressed interest in "reorganizing" Alitalia.

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