Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
BERLIN (AP) — Germany's Lufthansa says it is taking over Brussels Airlines, exercising its option to acquire the remaining 55 percent stake in its parent company, SN Airholding.
Lufthansa, which already owns 45 percent of the company, said Wednesday that the supervisory board was exercising a call option for the remaining stake. The transaction should be concluded early next year.
Lufthansa, Germany's largest airline, has multiple subsidiaries, including Germanwings, Eurowings, Swiss and Austrian Airlines.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
