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Finwire

Finwire

Sources: Lufthansa considers selling software assets for 1 billion euros – FT

German airline Lufthansa is considering selling some of its software assets in a deal that could be worth 1 billion euros. Several people familiar with the matter told the Financial Times.

The purpose of a sale is to focus on the core business of passenger and cargo aviation.

Lufthansa also needs capital to acquire a large stake in Portugal’s state-owned airline TAP, a deal that became known earlier this week.

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