29-Jul-2021 4:45 PM
Closing completed: Attestor becomes the new majority shareholder of Condor
Direct News Source
The European asset manager Attestor has acquired a 51 percent stake in Condor as planned. The transaction has been approved by both anti-trust officials and the EU Commission, which also issued state-aid approval for the acquisition of Condor through Attestor. The decisions cleared the way for Attestor to invest €200 million in fresh equity capital in Condor. Additionally, another €250 million will be invested in the modernization of the leisure airline's fleet.
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This press release was sourced from Condor on 28-Jul-2021.