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LUFTHANSA SELLS 51% OF GROUND HANDLING SUBSIDIARY GLOBEGROUND

FRANKFURT, "Deutsche Lufthansa AG has signed an agreement with Penauille Polyservices S.A. regarding the sale of Lufthansa's ground handling subsidiary GlobeGround GmbH. According to the agreement, Penauille Polyservices will initially acquire 51% of the shares in GlobeGround. The remaining shares will be transferred to Penauille Polyservices on 30 June 2002. The transaction values GlobeGround at € 3...

AVIONEWS - World Aeronautical Press Agency - 13372
Rome, Italy, 05/30/2001 14:54
AVIONEWS - World Aeronautical Press Agency

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