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Europe Daily Bulletin No. 7861

11 December 2000
Contents Publication in full By article 13 / 34
GENERAL NEWS / (eu) eu/competition
Commission authorises join control of AirPlus by Creditanstalt, Austrian Airlines and Lufthansa

Brussels, 11/12/2000 (Agence Europe) - The European Commission has authorised the joint takeover of AirPlus, credit card company, by AUA Beteilsgungsgesellschaft (ABG, subsidiary of Austrian Airlines), Credietanstalt AG (CA, subsidiary of Bank Austria) and Lufthansa AirPlus Servicekarten gmbh (LASG, subsidiary of Lufthansa. ABG, CA and LASG will each take a 33% stake in the joint-venture, which will issue and market credit cards, taking part in the "Miles and More" system of Austrian...

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