Lauda beat iag heading for niki

The successful bid submitted by Lauda moved the sale of previously agreed upon with IAG Niki and that was aborted after two courts ruled that the insolvency proceedings should be moved to Austria from Germany, given that the company, although owned by the Airberlin Group, had certified operator of Austria and was registered in that country (see: IAG buys Niki for € 20 M and injecting up to 16.5 M € and a judicial conflict surrounding the bankruptcy of Niki paralyzes its sale to IAG). Lauda beats IAG in the battle to buy the airline Niki that cleared the way for other stakeholders, such as Ryanair and Lauda, pujaran again by the operator. Up to last January 19, stakeholders had time to submit tenders Niki creditors were analyzed at a meeting Monday to choose which seems best to them and close the bid, the decision that has just be announced; According to the British agency Reuters. “In the early hours of this morning, Laudamotion GmbH emerged from a process of transparent tender as the highest bidder,” said German and Austrian Niki, Ulla Reisch and administrators Lucas Floether, in a brief joint statement, referring to the company controlled by Lauda. They did not give details about the terms of the offer, but they said they hoped that you would be soon legally adopted the transaction. A spokesman for Lauda said had no comments make currently. Niki asked the insolvency in Berlin last month, when the German Lufthansa dismiss plans for purchase before the observations and restrictions of the competition Commission of the European Union (see: Niki, airberlin subsidiary, is declared in) bankruptcy). After hasty talks to ensure that Niki retain its valuable slots, IAG agreed at that time with the German administrator, Floether, that would buy the company for 20 million euros, would make it an injection of capital of 16.5 million euros in liquidity and part of Vueling would do..

Posted by on Jan 23 2018. Filed under General. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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