|Bid||0.000 x 360000|
|Ask||0.000 x 360000|
|Day's Range||22.560 - 23.000|
|52 Week Range||9.137 - 23.145|
|PE Ratio (TTM)||5.30|
|Dividend & Yield||0.56 (2.18%)|
|1y Target Est||N/A|
A Lufthansa (LHAG.DE) bid price of 200 million euros ($239 million) to buy assets from insolvent Air Berlin (AB1.DE) plus 100 million euros to meet operating costs is roughly correct, a source familiar with the talks said on Sunday. The newspaper Bild am Sonntag earlier reported the figures, citing sources close to the proceedings. After it filed for insolvency last month the Berlin government granted Air Berlin a 150-million-euro bridging loan to keep the airline flying for three months.
Air Berlin said it would hold exclusive negotiations with carriers Deutsche Lufthansa and easyJet to sell its air transport units.
Deutsche Lufthansa AG took a swipe at low-cost rival Ryanair Holdings Plc with a full-page newspaper advertisement mocking the Irish carrier over the pilot shortage that’s led to the scrapping of 2,100 ...