View Single Post
Old Jun 30, 12, 10:13 am
Join Date: Dec 2007
Location: ORD
Programs: BA, AA, SQ, UA, LH, MR TIT, IHG GLD
Posts: 7,977
Originally Posted by Shareholder View Post
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.
NA-Flyer is offline