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Market Chatter: Lufthansa Taps Banks for Potential EUR1 Billion Sale of Software Assets
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11:10 AM EDT, 10/16/2026 (MT Newswires) -- Deutsche Lufthansa (LHA.F) hired banks for a potential sale of businesses providing IT services for the aviation sector, London's Financial Times reported Friday, citing multiple people familiar with the matter. The deal involving businesses within the German airline's Lufthansa Systems division could be valued at 1 billion euros, according to the report. The assets could include Lido and NetLine, as well as Sirax revenue accounting products. However, the talks remain in the early stages. Lufthansa did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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