Alitalia-Etihad confirm 49%-stake deal - update

(ANSA) - Rome, June 25 - Alitalia and Etihad on Wednesday confirmed that they have reached a deal that will see the Abu Dhabi-based company acquire a 49% stake in the struggling Italian airline, a joint statement said. "The airlines will now move to finalise the transactional documents, that will include the agreed upon conditions, as soon as possible," the statement said. "The conclusion of the investment is subject to final regulatory approvals".