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.
Acquisition of 10% stake in airBaltic by Lufthansa to be vetted by German Federal Cartel Office
RIGA - Acquisition of a convertible share granting a 10 percent stake in national airline airBaltic by Germany's Lufthansa Group for EUR 14 million will be vetted by Germany's Federal Cartel Office (Bundeskartellamt), as airBaltic representatives informed LETA.
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. The airline is 20% owned by BA-parent IAG, which backed out of taking full ownership last year due to regulatory concerns.
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.
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