21-Jul-2009 12:40 PM
Lufthansa rises as it evaluates its acquisitions, Air France gains, British Airways dips
Analysis
Lufthansa's shares rose 1.0% yesterday, as the carrier reportedly announced plans to sell its 80% stake in loss-making bmi. Lufthansa's CEO also reportedly met with EU Competition Commissioner, Neelie Kroes, to discuss competition concerns related to Lufthansa's proposed takeover of Austrian Airlines. Although the parties are yet to reach an agreement, shares in Austrian rose 1.7%.
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