airBaltic, Lufthansa
The Baltic Times · 2d
Acquisition of 10% stake in airBaltic by Lufthansa to be vetted by German Federal Cartel Office
RIGA - Acquisition of a convertible share granting a 10 percent stake in national airline airBaltic by Germany's Lufthansa Group for EUR 14 million will be vetted by Germany's Federal Cartel Office (Bundeskartellamt), as airBaltic representatives informed LETA.
businesstravelnewseurope · 4d
Lufthansa to acquire minority stake in AirBaltic
Lufthansa Group has agreed to invest €14 million in AirBaltic for a convertible share representing a 10 per cent stake in the Latvia-based carrier, the companies announced on Wednesday. Lufthansa will also take a seat on AirBaltic's supervisory board. The deal is expected to close during the second quarter, subject to antitrust review.
Airways · 3d
Lufthansa Group to Acquire 10% Stake in airBaltic
The Lufthansa Group (LH) has decided to invest €14m in airBaltic (BT), obtaining 10% equity and extending its dominance of European airspace. As per the deal, BT shares granted to LH through investment can be exchanged for BT's regular shares upon the potential flotation of BT;
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