Article: GERMAN CONSORTIUM CLEARED TO PURCHASE STATE-OWNED MOTORWAY SERVICES.

The European Commission has approved the sale of the German state-owned Autobahn Tank & Rast AG, which owns the vast majority of motorway service stations in Germany, to a consortium of Allianz Capital Partners GmbH, the German insurance group's holding company, Lufthansa Service Holding AG (LSG), the catering wing of the national airline, and three investment trusts. Tank & Rast owns most of the plots of land on which the German motorway service areas are located, too.

Under the terms of the ...

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