Lufthansa plans to discuss Lufthansa Technik partial sale


© Reuters. The tail of a Lufthansa airplane is seen outside a Lufthansa Technik maintenance hangar at Munich international airport in Germany, April 18, 2019. REUTERS/Michael Dalder/File Photo

BERLIN (Reuters) – Lufthansa is planning to start talks with private equity investors in December about a partial sale of its aircraft maintenance business Lufthansa Technik, business daily Handelsblatt reported on Thursday.

In a best case scenario, the board could then have a list of non-binding offers in January of next year, Handelsblatt said. The board is aiming for a valuation of between 6 and 8 billion euros ($5.99-$7.99 billion) including debt, it added, citing Lufthansa sources.

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