Austrian state holding company OIAG, which owns 42.75% of the troubled flag carrier, delayed Austrian Airlines Group's privatization until year end in order to attract better offers. Lufthansa was the only official bidder as of last weekend (ATWOnline, Oct. 24), but it said it was willing to pay just €360,000 ($454,090) for OIAG's stake, or €0.01 per share. Other shareholders would receive €3-€4 per share under terms of LH's offer and the Austrian government would ...

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