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Lufthansa Stock News
€7.76
3.94%
Xetra, Nov 03, 05:37 pm CET.
Closed.
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Deutsche Lufthansa AG: Release according to Article 40 (1) of the WpHG (the German Securities Trading Act) with the objective of Europe-wide distribution
Deutsche Lufthansa won a bid to take a 49.9% stake in Portuguese airline TAP, bringing to a close a contest between Lufthansa and Air France-KLM for the acquisition of the stake.
Portugal's government on Wednesday picked Lufthansa to buy a 44.9% stake in TAP Air Portugal for €1.2 billion ($1.3 billion), making the German airline the strategic partner of one of Europe's last unaligned flag carriers.
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