Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

DGAP-Adhoc: Deutsche Lufthansa AG: Lufthansa Group Executive Board approves sale of the European business of the LSG Group


DGAP-Ad-hoc: Deutsche Lufthansa AG / Key word(s): Disposal
Deutsche Lufthansa AG: Lufthansa Group Executive Board approves sale of the European business of the LSG Group

26-Nov-2019 / 14:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Lufthansa Group confirms the decision of its Executive Board on the sale of the LSG Group's European business to Gategroup. The sale is part of the new strategy of Lufthansa Group to focus on the airline business. Furthermore, the sale enables the new owner to further develop the catering business.

A possible sale is subject to the approval of additional bodies, in particular the Supervisory Board of Deutsche Lufthansa AG, as well as clearance by the competition authorities.

Responsible Person: Dennis Weber, Head of Investor Relations


26-Nov-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Deutsche Lufthansa AG
Venloer Str. 151-153
50672 Cologne
Germany
Phone: +49 (0)69 696 28000
Fax: +49 (0)69 696 90990
E-mail: [email protected]
Internet: www.lufthansagroup.com/investor-relations
ISIN: DE0008232125, DE0008232125
WKN: 823212
Indices: DAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover; Regulated Unofficial Market in Tradegate Exchange
EQS News ID: 921799

 
End of Announcement DGAP News Service

921799  26-Nov-2019 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=921799&application_name=news&site_id=sharewise

Deutsche Lufthansa AG Stock

€6.65
5.670%
A very strong showing by Deutsche Lufthansa AG today, with an increase of €0.36 (5.670%) compared to yesterday's price.
Our community is currently high on Deutsche Lufthansa AG with 5 Buy predictions and 0 Sell predictions.
With a target price of 9 € there is a positive potential of 35.26% for Deutsche Lufthansa AG compared to the current price of 6.65 €.
Like: 0
Share
EQS Group is a leading international provider of regulatory technology in the fields of corporate compliance and investor relations. In working with EQS Group, thousands of companies worldwide inspire trust by fulfilling complex national and international disclosure obligations, minimizing risks and communicating transparently with stakeholders.




Legal notice

Comments