Manufacturing Industry
Shares of Swiss airline suspended
Airline Industry Information, March 21, 2005
AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Swiss International Air Lines asked for its shares to be suspended from trading on Monday (21 March) in the run-up to an announcement on whether it will be acquired by German airline Lufthansa.
The Swiss government has said that it will make a decision on Tuesday (22 March) on Lufthansa's takeover offer for the Swiss national carrier.
Shares of Swiss were suspended until the end of trading on Tuesday. The shares closed at CHF9.60 on Friday (18 March), reported Reuters.
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