Deutsche Lufthansa AG (LHA.SG)
| Previous close | 5.99 |
| Open | 6.02 |
| Bid | 5.99 x 200000 |
| Ask | 5.99 x 200000 |
| Day's range | 5.91 - 6.02 |
| 52-week range | 5.63 - 9.40 |
| Volume | |
| Avg. volume | 99,559 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Yahoo Finance UK
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- Reuters
Lufthansa to consider raising stake in ITA to 90%, CEO says
Lufthansa will consider raising its stake in Italy's ITA Airways to 90%, starting from early next year, the CEO of the German airline said in an interview published on Thursday. Carsten Spohr was speaking after his company won EU antitrust approval to buy 41% of state-owned ITA for 325 million euros ($350 million). "For us, the option for the 90% starts in early 2025," Spohr told Italy's Corriere della Sera, adding that he would like the Italian government to retain a stake in ITA.
- Reuters
Analysis-EU's airline deal demands fuel doubts over further attempts
It took a year of wrangling with the European Commission for Germany's Lufthansa to gain approval to buy 41% of Italy's ITA Airways, and only after it accepted big concessions. While the deal expands Lufthansa's footprint in the lucrative southern European market, the combined group will have to cede some routes and slots to rivals for it to proceed. Industry executives, investors and experts say greater scrutiny of such tie-ups by European regulators and demands for remedies could deter major airlines from further deals.
