 "Lufthansa in advanced talks for state rescue deal worth about $10 billion")
BERLIN (Reuters) - Airline Lufthansa said on Thursday it is in advanced talks with the German government’s economic stabilisation fund over a rescue deal worth up to 9 billion euros (8 billion pounds), including the state taking a 20% stake in the company.
Lufthansa said in a statement that the deal would involve the government taking two seats on its supervisory board, but it would only exercise its voting rights as a whole in exceptional cases such as protection against a takeover.
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($1 = 0.9108 euros)
(Reporting by Emma Thomasson; Editing by Himani Sarkar)
This story has not been edited by Firstpost staff and is generated by auto-feed.
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