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Lufthansa’s Planned Air Berlin Takeover Is Questioned by Regulators

By Aoife White and Richard Weiss, Bloomberg

Bloomberg

Lufthansa has hit a snag in its proposed deal to acquire many of Air Berlin’s assets. Bloomberg

Skift Take: It’s no surprise regulators understand Lufthansa acquiring assets from what was once its biggest domestic rival could hurt competition. But we’re betting Lufthansa will find a way to close this deal.

— Brian Sumers

Deutsche Lufthansa AG has to do more to allay European Union concerns about its takeover of most of Air Berlin Plc after offering concessions that won’t fully appease regulators, according to two people familiar with the process.

Lufthansa would need to improve upon its offer to cede landing rights …read more

From:: Skift

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