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Lufthansa to exercise option to buy majority stake in ITA in June

BERLIN, May 12 (Reuters) - Lufthansa LHAG.DE said on Tuesday that it will exercise its option to acquire a majority stake in Italy's ITA Airways in June, increasing its stake to 90% from 41%.

Lufthansa's supervisory board approved the decision at its meeting on Monday, the company said in a statement.

 (Writing by Friederike Heine; Editing by Linda Pasquini)

 ((friederike.heine@thomsonreuters.com;))

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