Lufthansa to Take Stake in Latvia's AirBaltic

Germany's Lufthansa to acquire 10% stake in Latvia's airBaltic
German aviation giant Lufthansa Group is acquiring a minority stake in Latvian carrier airBaltic, the two airlines said on Wednesday. The German group said it signed an agreement to purchase a 10% stake in the form of convertible shares for €14 million ($14.
Lufthansa acquires 10% stake in Latvia's airBaltic to boost European presence
Lufthansa said on Wednesday it had agreed to receive a stake of 10% in Latvian airline airBaltic, as the German airline seeks to strengthen its international network.
Lufthansa to Take Stake in Latvia’s AirBaltic Ahead of IPO
Deutsche Lufthansa AG will buy a 10% stake in Latvian flag carrier AirBaltic AS as the German carrier group continues its consolidation push in Europe.
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.
Lufthansa in talks with Air Europa to acquire a minority stake, sources say
LONDON (Reuters) -German airline group Lufthansa is in talks with Spanish carrier Air Europa about the possibility of acquiring a minority stake, according to two sources with knowledge of the talks.
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Deutsche Lufthansa Stock: Baltic Expansion Triggers Market Response
Deutsche Lufthansa is strengthening its position in the Baltic region through a strategic €14 million investment in AirBaltic, securing a 10% stake through convertible shares. This strategic move ...
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