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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sky and Space Company Ltd | ASX:SAS | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.028 | 0.032 | 0.028 | 0.00 | 01:00:00 |
German flag carrier Deutsche Lufthansa AG (LHA.XE) can't close the takeover of U.K.'s British Midland Airways, or bmi, yet, because it hasn't fulfilled all contractual the conditions yet, despite the European Commission's clearance Thursday, Claudia Lange, a spokeswoman for Lufthansa told Dow Jones Newswires Friday.
Lange however declined to identify the conditions it hasn't fulfilled yet, citing a confidentiality agreement.
The European Commission Thursday cleared Lufthansa's takeover plan.
The German airline already owns a 30% minus one share stake in bmi, and will own 80% of bmi after the deal is complete, by acquiring 50% plus one share from bmi founder Sir Michael Bishop.
Scandinavian carrier SAS AB (SAS.SK) owns the remaining 20% of bmi.
Company Web site: www.lufthansa-financials.com
-By Kirsten Bienk, Dow Jones Newswires; +49 69 29 725 500, kirsten.bienk@dowjones.com
1 Year Sky and Space Chart |
1 Month Sky and Space Chart |
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