Lufthansa Group to acquire minority stake in airBaltic
Lufthansa Group has signed an agreement to invest EUR14 million euros (USD14.5 million) in airBaltic (BT, Riga), securing a minority stake in the carrier and a seat on its supervisory board. In exchange for its investment, the Lufthansa parent will receive a convertible share granting a 10% stake, issued at a subscription price of the [...]