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Article: flyLAL Shares Acquired.

Article from:
Travel Business Review (TBR)
Article date:
January 14, 2009
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Travel Business Review-14 January 2009-flyLAL Shares Acquired(C)2009 ENPublishing - http://www.enpublishing.co.uk

Travel Business Review - 14 January 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

100% shares of flyLAL - Lithuanian Airlines AB (flyLAL) have been acquired by Swiss investment fund SCH Swiss Capital Holdings.

Some agreed additional steps need to be completed prior to the agreement being finalised on January 23, 2009. SCH Swiss Capital Holdings is to be a strategic investor and plans are in place to turn flyLAL into a regional European airline. Shares from all shareholders of flyLAL - ZIA Valda (40.73%), ...

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