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Lufthansa Cargo to Acquire German Airport Service Provider LUG to Boost Capacity at Frankfurt, Munich and Hamburg Airports
Lufthansa Cargo, the logistics subsidiary of Deutsche Lufthansa Group, has agreed to acquire German airport service provider LUG air cargo handling GmbH. LUG provides cargo handling and distribution at Frankfurt, Munich and Hamburg airports in Germany, and the acquisition aims to boost Lufthansa Cargo's capacity and diversify its revenue stream. The transaction is subject to antitrust and regulatory reviews.
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Source：Yahoo财经 · Source Link
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