• 09/21/2024

Lufthansa Divests Payments Business

Wall Street Journal

Lufthansa has agreed to sell its payments specialist AirPlus to SEB for €450 million and said it expected the deal to have a positive effect on its adjusted operating margin and return on capital.

https://www.wsj.com/articles/lufthansa-sells-payment-specialist-airplus-to-seb-for-491-mln-61d60154