Lufthansa takes over SN Airholding

After Lufthansa and the shareholders of SN Airholding had agreed on the terms of the complete takeover, Deutsche Lufthansa AG’s Executive Board yesterday decided to exercise the call option for the outstanding 55 percent of the shares. The call option comes into effect by 31 December 2016. The closing of the transaction will happen by the beginning of January 2017. The price mechanism for the take-over of the remaining 55 percent of the shares had already been part of the agreement for the call option in 2008. The price for the acquisition of the remaining 55 percent of the shares