LSG Sky Chefs to acquire Finnair's catering business

12-Mar-2012 LSG Sky Chefs and Finnair have signed a Memorandum of Understanding on LSG Sky Chefs acquiring Finnair's catering operations. The acquisition would comprise the entire share capital of Finnair Catering Ltd. and Finncatering Ltd. Finnair would continue to buy its flight catering services from Finnair Catering Ltd., which transfers under LSG Sky Chefs ownership. The acquisition is subject to the approval of internal LSG Sky Chefs and Lufthansa Boards and the competition authority of Finland and it is expected to be closed by end of first half of 2012.