Salem Radio Network News Friday, September 30, 2022

Business

Lufthansa plans to discuss Lufthansa Technik partial sale – Handelsblatt

BERLIN (Reuters) – Lufthansa is planning to start talks with private equity investors in December about a partial sale of its aircraft maintenance business Lufthansa Technik, business daily Handelsblatt reported on Thursday.

In a best case scenario, the board could then have a list of non-binding offers in January of next year, Handelsblatt said. The board is aiming for a valuation of between 6 and 8 billion euros ($5.99-$7.99 billion) including debt, it added, citing Lufthansa sources.

(Writing by Paul Carrel; editing by Matthias Williams)

Previous
Next

Editorial Cartoons

View More »

Michael Ramirez
Wed, Sep 21, 2022

X CLOSE