Google+ Followers

Tuesday, 17 January 2017

Airlines Lufthansa and Etihad 'in merger talks': newspaper | Reuters

Airlines Lufthansa and Etihad 'in merger talks': newspaper | Reuters:

"Germany's Lufthansa (LHAG.DE) and Etihad Airways are in talks to possibly merge the two airlines, Italian newspaper Il Messaggero said in an unsourced report on Tuesday, boosting the German airline's share price.

According to the paper, managers from both companies have for weeks been examining the possibility of Etihad buying a 30-40 percent stake in Lufthansa through a sale of new shares to the Abu Dhabi state-owned airline.

In a second step, the two airlines would look at a full-blown merger, the paper said, adding that the parties would meet shortly to speed up the talks."



'via Blog this'