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Thread: LH may look to sell LSG Sky Chefs
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Old Jun 30, 2012, 9:13 am
  #8  
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Originally Posted by Shareholder
Agree, can't see LH gaining much other than getting rid of a marginal division, nor any other company paying much for the company.
Saudi Arabian Airlines SV just sold their catering division in an IPO and they made a fortune from that sales.

Investors were so keen to invest in that business division that they paid 3 times the actual amount of the IPO hoping to get any slice of the pie.
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