German air-taxi maker Lilium hires KPMG to explore M&A options
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German air-taxi maker Lilium, facing a cash crisis and potential insolvency, has hired KPMG to explore merger and acquisition options.
November 05, 2024 | 12:30 pm
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Lilium is facing a cash crisis and potential insolvency, prompting the company to hire KPMG to explore merger and acquisition options.
Lilium's financial difficulties and the hiring of KPMG to explore M&A options indicate potential changes in the company's structure or ownership. This could stabilize the company if a merger or acquisition occurs, but the uncertainty keeps the short-term impact neutral.
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IMPORTANCE 80
RELEVANCE 100