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Business

EU Keeps Probing Lufthansa-Swiss Merger

The European Commission has prolonged probing the proposed takeover of Swiss airline by German rival Lufthansa by two weeks without giving a specific reason, Reuters news service reported on Thursday. A decision is expected on July 8. The delay could mean that the two companies are still trying to comply with concerns the commission has raised about the merger during its initial four-week probe of the deal. Lufthansa officials told Reuters that the delay did not come as a surprise to them but declined to comment further on the matter.

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