Lufthansa signed an MOU to sell its 50% stake in leisure travel group Thomas Cook to KarstadtQuelle for €800 million ($1.05 billion) but will raise its stake in Condor Flugdienst from the present 10% to 24.9% and receive the shares held by Condor in Turkish holiday airline SunExpress. The accord still requires the approval of both the LH and KarstadtQuelle boards and relevant regulatory authorities, Lufthansa said, adding that the transactions are scheduled to be finalized in the 2007 ...
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