FRANKFURT (AFX) - Lufttransport-Unternehmen GmbH's (LTU) is expected to name a new investor as early as next week, with three potential investors having completed due diligence, Welt am Sonntag reported, quoting LTU chief executive Juergen Marbach.
One investor is interested in a 100 pct takeover, the report said, adding that Marbach, who holds 45 pct in the German charter airline, is not interested in selling his stake.
Marbach and Hans Rudolf Woehrl, who holds the remaining 55 pct, may name a new investor at a press conference on Thursday, the newspaper added, citing industry sources. patrizia.kokot@thomson.com pk/vs COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News. AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited