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Lufthansa is considering selling some of its software assets. The deal is valued at close to 1 billion euros. The German airline plans to divest non-core businesses and concentrate resources to develop passenger and cargo operations. A number of people familiar with the matter revealed that Germany's largest airline has hired an investment bank to advance the potential sale of information technology services business under Lufthansa Systems to provide information technology services to the aviation industry.
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Lufthansa is considering selling some of its software assets. The deal is valued at close to 1 billion euros. The German airline plans to divest non-core businesses and concentrate resources to develop passenger and cargo operations. A number of people familiar with the matter revealed that Germany's largest airline has hired an investment bank to advance the potential sale of information technology services business under Lufthansa Systems to provide information technology services to the aviation industry.
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