Lufthansa buys stake in Brussels Airlines holding

BRUSSELS, Belgium (AP) -- Germany's Lufthansa AG airline group says it has bought a 45-percent stake in the holding company that owns Brussels Airlines.

Lufthansa says it paid 65 million euros ($91.4 million) for the stake in SN Airholding.

The deal gives Lufthansa the option to take over all of Brussels Airlines in 2011 for a price not exceeding 250 million euros ($351.6 million).

The companies announced the deal Monday.

(Copyright 2008 by The Associated Press. All Rights Reserved.)


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