Lufthansa today put part of its shareholding in Amadeus up for sale.
Lufthansa plans partial sale of Amadeus shares
Lufthansa today put part of its shareholding in Amadeus up for sale.
No value was put on the share sale, which would see the German airline group reduce its holding in the European travel technology giant from 7.61% to 4%.
“Through the intended partial sale of this financial investment and the realised increase in value, Lufthansa group will further strengthen its liquidity position,” a statement said.
“The shareholding of 4% retained by Lufthansa group is intended to be transferred to the Lufthansa Pension Trust.”
Lufthansa, Iberia and Air France-KLM are all shareholders in Amadeus.
