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Message: Lufthansa, Swiss takeover

Lufthansa, Swiss takeover

posted on Mar 23, 2005 03:17PM
Lufthansa, Swiss takeover

Wednesday, March 23 - 2005 at 06:58

Germany`s national airline Lufthansa is to take over Swiss International Air Lines after a USD409m deal was concluded yesterday, according to Reuters. Lufthansa will pay USD347m to the Swiss carrier`s major shareholders, including the Swiss government which holds a 20 per cent stake.

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