Editorial Comment

Lufthansa to sell JetBlue stake

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Lufthansa to sell JetBlue stake

Deutsche Lufthansa is selling its 15% stake in JetBlue Airways after seven years via an early redemption of Lufthansa bonds convertible into JetBlue shares. The German airline is launching a voluntary incentive payment offer to holders of the €234.4 million 0.75% exchangeable senior notes due 2017...

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