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Deutsche Lufthansa AG M&A Activity 2019

Nov 26, 2019

109_rns_2019-11-26_7fa43d8f-3836-4a32-a82b-2379f332fa94.html

M&A Activity

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News Details

Ad-hoc | 26 November 2019 14:51

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

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

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