Lufthansa’s maintenance subsidiary not only takes care of the maintenance of aircraft. It also participates in the development of new technologies for more climate-friendly flying.
(Photo: ddp/pa)
Frankfurt The first talks with interested buyers regarding the planned partial sale of Lufthansa Technik have been taking place since last week. Almost 20 financial investors are currently presenting their concepts, according to financial and corporate circles.
Lufthansa then wants to select around ten bidders who will receive the so-called information memorandum, which contains a detailed description of the company including current figures. A Lufthansa spokesman declined to comment on the information.
Among the bidders are said to be Advent, Blackstone, CVC, Carlyle, KKR, Bain and EQT. But representatives from Asia would also bid, reports in financial circles. The non-binding offers from the first round should be available by early 2023 at the latest. Then the second round starts.
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