Gategroup on brink of deal for Lufthansa's European catering business
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FRANKFURT (Reuters) - Lufthansa is in final negotiations on a sale of its LSG catering division's European operations to Switzerland's Gategroup as part of plans to focus on its airline business.The proposed sale announced on Tuesday comes as Lufthansa contends with low margins in a competitive market, with Lufthansa's supervisory board expected to sign off on the deal on Dec. 3, sources close to the matter said. "The sale is part of Lufthansa's new strategy to focus on its airline business,"..