Advertisement
UK markets open in 1 hour 25 minutes

  • NIKKEI 225

    38,481.30
    -751.50 (-1.92%)
     

  • HANG SENG

    16,334.87
    -265.59 (-1.60%)
     

  • CRUDE OIL

    85.95
    +0.54 (+0.63%)
     

  • GOLD FUTURES

    2,403.80
    +20.80 (+0.87%)
     

  • DOW

    37,735.11
    -248.13 (-0.65%)
     

  • Bitcoin GBP

    50,376.70
    -2,045.26 (-3.90%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • NASDAQ Composite

    15,885.02
    -290.08 (-1.79%)
     

  • UK FTSE All Share

    4,338.90
    -14.76 (-0.34%)
     
Stocks:

Trending tickers: Oil, Goldman Sachs, Bitcoin and Ethereum

The latest investor updates on stocks that are trending on Monday

British Airways no longer interested in Air Berlin's Niki-source

Reuters - UK Focus

BERLIN, Dec (Shanghai: 600875.SS - news) 7 (Reuters) - British Airways is no longer interested in stepping in with an offer for the Niki unit of insolvent Air Berlin (LSE: 0GPE.L - news) , should a planned sale to Lufthansa not be approved, a source familiar with the matter said on Thursday.

British Airways, owned by IAG, had also bid for Niki, but lost out to Lufthansa (Xetra: LHAB.DE - news) and a report last week said it had restated its interest after the European Commission signalled concerns over the Lufthansa deal.

However, IAG has now dropped out, because a deal is no longer attractive, the person said.

IAG and Air Berlin declined to comment. (Reporting by Klaus Lauer, additional reporting by Alistair Smout in London, writing by Victoria Bryan)