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Colombia's Efromovich wants to buy Alitalia and LOT

Wednesday, December 18, 2013

Colombian entrepreneur Germán Efromovich, who owns Avianca, is seeking to take over Italian airlian Alitalia or Poland's LOT.

Despite Avianca saying it was not seeking to purchase either of the airlines, Efromovich said he would look to purchase them independently through his other companies such as Synergy Group.

The entrepreneur also said he would consider creating a new airline in Europe from scratch.

Full story (in Spanish)