Lufthansa Sells Stake In Thomas Cook, Adds Condor Shares
Lufthansa on Friday signed a deal to sell its 50% stake in leisure travel group Thomas Cook AG to KarstadtQuelle for EUR800 million. At the same time, Lufthansa plans to boost its stake in Condor Flugdienst from 10% to 24.9%, and KarstadtQuelle will hold the rest. Lufthansa and KarstadtQuelle each...
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