ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

AUA

0.00
0.00 (0.00%)
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
TSXV:AUA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Lufthansa: EU Conditions On Austrian Air Takeover Acceptable

28/08/2009 11:54am

Dow Jones News


Adanac Molybdenum Corporation (TSXV:AUA)
Historical Stock Chart


From Jun 2019 to Jun 2024

Click Here for more Adanac Molybdenum Corporation Charts.

German airline Deutsche Lufthansa AG (LHA.XE) Friday said the conditions placed on its planned takeover of peer Austrian Airlines AG (AUA.VI) by the European Commission, the E.U.'s top antitrust authority, are "economically acceptable."

In a written statement, the company also said that all the conditions which the German carrier had placed upon its bid have now been fulfilled, following the E.U.'s green light for the deal and EUR500 million restructuring aid the Austrian government will pay to Austrian Airlines.

More than 75% of Austrian Airlines shareholders have tendered their shares to Lufthansa, the company said, adding it will be paying a total of around EUR166 million, or EUR4.49 a share.

Earlier Friday, the European Commission formally approved the takeover subject to certain conditions.

Company Web site: www.lufthansa-financials.com

-By Jan Hromadko, Dow Jones Newswires; +49 69 29 725 503; jan.hromadko@dowjones.com

 
 

1 Year Adanac Molybdenum Corporation Chart

1 Year Adanac Molybdenum Corporation Chart

1 Month Adanac Molybdenum Corporation Chart

1 Month Adanac Molybdenum Corporation Chart