Attestor to Take 49% Condor Stake
12 Articles
12 Articles
With the complete acquisition by a financial investor, a new phase begins for Condor. The holiday airline must now save, build new routes and win a partner from the industry.
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The majority owner Attestor takes over all shares in Condor. The federal government and the state of Hesse withdraw.
Attestor to take 49% Condor stake
German leisure airline Condor is set to restructure its shareholder base after the early repayment of state aid, with investor Attestor exercising an option to acquire a 49% stake held on behalf of the German government and the state of Hesse. The stake, currently held by SG Luftfahrtgesellschaft, will be transferred to Attestor under an […]
The majority owner Attestor takes over all shares in Condor. The federal government and the state of Hesse withdraw. State aid from earlier years of crisis are paid back prematurely.
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