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Lufthansa relinquishes the 50% of Thomas Cook
Berlin , Germany - The agreement also includes the participation in Condor Flugdienst
Deutsche Lufthansa and KarstadtQuelle have signed a Memorandum of Understanding. In this accord, Lufthansa has agreed to sell its 50% stake in the leisure travel group Thomas Cook to KarstadtQuelle. The agreed purchase price is EUR 800 million. While Lufthansa raises its stake in Condor Flugdienst from the present ten to 24.9% and receives the shares held by Condor in the Turkish holiday carrier Sun...
AVIONEWS - World Aeronautical Press Agency - 71851
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency