BERLIN – Germany's Lufthansa says it is taking over Brussels Airlines, exercising its option to acquire the remaining 55 percent stake in its parent company, SN Airholding.
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Lufthansa, which already owns 45 percent of the company, said Wednesday that the supervisory board was exercising a call option for the remaining stake. The transaction should be concluded early next year.
Lufthansa, Germany's largest airline, has multiple subsidiaries, including Germanwings, Eurowings, Swiss and Austrian Airlines.