Possible investors in Austrian Airlines have until the end of next week to submit non-binding offers to buy the 43% state-owned stake in the carrier. Five airlines have requested Austrian’s sale prospectus from investment bank Merrill Lynch, which is handling the transaction. Three of them—Lufthansa, S7 Airlines and Turkish Airlines—have expressed their interest publicly, too. The other two have unofficially been identified as Air France-KLM and Air China. The Austrian government ...


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