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Lufthansa to buy SN Brussels

25 June 2009

The European Union has given Lufthansa, the German national carrier, the green light to purchase SN Brussels, after it was agreed the merger would not create a monopoly over some of Europe’s most lucrative routes. It is not clear how much money Lufthansa is offering, although it is expected to take up a 45% stake in SN Brussels in a month. Lufthansa will also have an option of buying the remaining 55% shares in 2011.

source: The Observer

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