Lufthansa opts for DrKW in €394m Amadeus share sale

Deutsche Lufthansa, the German airline, has switched from UBS to Dresdner Kleinwort Wasserstein (DrKW) for the latest sale of its shares in Amadeus Global Travel Distribution, the Spanish travel reservation company, worth €394m ($505m).

DrKW was sole bookrunner and lead manager of the sale of 78 million Amadeus shares, a 13.2% stake, which launched on Thursday evening.

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