Lufthansa is in "constructive negotiations" with SN Airholding, parent of Brussels Airlines, about an equity investment worth 45% of the Belgian company with an option to take it over fully later. The confirmation follows speculation of a tie-up last spring after Chairman Etienne Davignon acknowledged that SN was negotiating an alliance membership and stated without naming LH that "a possible financial participation of a new shareholder could only be considered under the condition that the ...

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