Air Berlin and Deutsche Lufthansa have reached agreement on the sale of certain business units
12-Oct-2017 Disclosure of inside information according to Article 17 of the Regulation (EU) No 596/2014 (Market Abuse Regulation, MAR)
Air Berlin PLC and Air Berlin PLC & Co. Luftverkehrs KG have reached an understanding with Deutsche Lufthansa AG today that entities of the Deutsche Lufthansa group will acquire certain business units from entities of the Air Berlin group, including in particular NIKI Luftfahrt GmbH as well as Luftfahrtgesellschaft Walter mbH. The combined purchase price of approximately EUR 210 million will be subject to adjustments upon closing of the transaction.
The transaction is, amongst others, subject to regulatory approvals.
The negotiations with easyJet Airline Company Limited and other bidders, in each case in respect of different units of the Air Berlin group, are still continuing.