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Lufthansa in early talks with Do&Co, SATS on possible LSG deal - sources

Lufthansa in early talks with Do&Co, SATS on possible LSG deal - sources
FILE PHOTO: A Lufthansa Airbus A330-300 aircraft, March 27, 2018. REUTERS/Darrin Zammit Lupi/File Photo -
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Darrin Zammit Lupi(Reuters)
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FRANKFURT (Reuters) – German flagship carrier Lufthansa <LHAG.DE> is in deliberations about a possible tie-up of its catering unit LSG Group with companies such as Austria’s Do&Co <DOCO.VI> and Singapore’s SATS <SATS.SI>, people close to the matter said.

Lufthansa is exploring options for the unit with the help of Morgan Stanley <MS.N>, but has not launched a formal sales process, the people said.

(Reporting by Arno Schuetze; additional reporting by Anshuman Daga, Jamie Freed and Kirsti Knolle; editing by Thomas Seythal)

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