Lilium Launches M&A Process with KPMG, Targets Program Continuation Towards First Flight and Certification
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Lilium N.V. has initiated a merger and acquisition process with KPMG to support its program towards the first flight and certification of its electric aircraft. The process aims to be open and transparent, with investor briefings starting soon.
November 05, 2024 | 12:30 pm
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Lilium N.V. has engaged KPMG to manage a merger and acquisition process, aiming to advance its electric aircraft program towards first flight and certification. This strategic move could attract new investments and partnerships.
The initiation of an M&A process with a reputable firm like KPMG suggests Lilium is seeking strategic partnerships or investments to further its program. This could positively impact Lilium's stock as it may lead to increased investor confidence and potential capital influx.
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