Norwegian’s shares rose as much as 12% after Lufthansa CEO Carsten Spohr said his airline was “in contact” with the LCC. Spohr cautioned that any deal would depend on price, strategic merits and approvals by competition authorities, but investors clearly hoped the comments could revitalize the idea of a takeover of Norwegian by a larger airline group. Norwegian said June 18 the airline has received expressions of interests by several parties to acquire shares, a full ...

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