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Deutsche Lufthansa AG — M&A Activity 2007
Dec 13, 2007
109_rns_2007-12-13_260dea5e-830e-4f29-ab2d-ba151e6a097e.html
M&A Activity
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Ad-hoc | 13 December 2007 21:00
Lufthansa acquires 19 % stake in JetBlue Airways Corporation
Deutsche Lufthansa AG / Strategic Company Decision
Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
Lufthansa acquires 19 % stake in JetBlue Airways Corporation
Lufthansa has today concluded an accord to buy a 19,0 % stake in JetBlue
Airways Corporation. It will acquire the shares from JetBlue in a block
trading transaction, coupled with a capital increase endorsed today by the
Board of Directors of the JetBlue Airways Corporation, for around 300
million US dollars. The share transfer still requires the approval of the
US regulatory authorities. Lufthansa and JetBlue will subsequently seek an
operational cooperation.
JetBlue is an airline company based in New York and listed on the NASDAQ
stock exchange. It operates flights mostly from New York, Boston and
Orlando to destinations in the U.S. and the Caribbean.
Deutsche Lufthansa AG
Investor Relations
Frank Hülsmann
Phone +49-69 696 28001, Fax +49-69 696 90990
Email: [email protected]
13.12.2007 Financial News transmitted by DGAP
Language: English
Issuer: Deutsche Lufthansa AG
Von-Gablenz-Str. 2-6
50679 Köln
Deutschland
Phone: +49 (0)69 696 28001
Fax: +49 (0)69 696 90990
E-mail: [email protected]
Internet: www.lufthansa-financials.de
ISIN: DE0008232125
WKN: 823212
Indices: DAX
Listed: Regulierter Markt in Berlin, Frankfurt (Prime Standard),
Hannover, Düsseldorf, Hamburg, München, Stuttgart;
Terminbörse EUREX
End of News DGAP News-Service