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Deutsche Lufthansa AG (LHAD.XC)
| Previous close | 6.53 |
| Open | 6.30 |
| Bid | 6.27 x 0 |
| Ask | 6.35 x 0 |
| Day's range | 6.30 - 6.30 |
| 52-week range | 6.30 - 9.57 |
| Volume | |
| Avg. volume | 1,125 |
| Market cap | 7.533B |
| Beta (5Y monthly) | 1.52 |
| PE ratio (TTM) | 4.66 |
| EPS (TTM) | 1.35 |
| Earnings date | 31 Jul 2024 |
| Forward dividend & yield | 0.30 (4.59%) |
| Ex-dividend date | 08 May 2024 |
| 1y target est | N/A |
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- Reuters
EU poised to veto Lufthansa's ITA deal unless substantial remedies offered, sources say
Lufthansa's bid to buy a stake in Italian peer ITA is set to be blocked by EU antitrust regulators unless there is a substantial improvement to remedies to address competition concerns, people with direct knowledge of the matter said on Thursday. Remedies offered last week are insufficient to allay the European Commission's concerns that the deal may reduce competition in short-haul and long-haul routes connecting Italy to other countries and also reinforce ITA's market power at Milan Linate airport, the people said. There is still time for Lufthansa to offer more remedies, they said, ahead of the Commission's July 4 decision.
ReutersLufthansa's ITA deal faces EU veto unless stronger remedies offered, sources say
Lufthansa's bid to buy a stake in Italian peer ITA is set to be blocked by EU antitrust regulators unless there is a substantial improvement to remedies to address competition concerns, people with direct knowledge of the matter said on Thursday. Remedies offered last week are insufficient to allay the European Commission's concerns that the deal may reduce competition in short-haul and long-haul routes connecting Italy to other countries and also reinforce ITA's market power at Milan Linate airport, the people said. There is still time for Lufthansa to offer more remedies, they said, ahead of the commission's July 4 decision.
