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KarstadtQuelle's Thomas Cook in talks to acquire stake in LTU airline - report


Published :
Fri, 09 Feb 2007 15:37
By : Agencies
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FRANKFURT (AFX) - KarstadtQuelle AG's Thomas Cook unit is holding talks to acquire a stake in LTU airline, Touristik Report magazine reported in a pre-release without saying where it obtained the information.

Negotiations are at an advanced stage and the deal is to be announced in the coming weeks, the report said.

Thomas Cook and LTU were not available for comment.

judith.csaba@thomson.com

jcs/ic

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