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Name | Symbol | Market | Type |
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Spa Marketgrader 200 | NYSE:SNB | NYSE | Fund |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 11.31 | 0 | 01:00:00 |
German flag airline Deutsche Lufthansa AG (LHA.XE) Monday said it expects its purchase of 45% in SN Airholding, the parent company of SN Brussels Airlines, to close at the end of the month.
The comment follows an announcement by the European Commission earlier Monday that the transaction has received the necessary antitrust approval on the condition the carrier gives competitors access to four routes.
In a first step Lufthansa will buy a 45% in SN Airholding. From 2011 it has an option to acquire the remaining 55%.
Company Web site: www.lufthansa-financials.com
-By Jan Hromadko, Dow Jones Newswires; +49 69 29 725 503; jan.hromadko@dowjones.com
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