German air-taxi maker Lilium hires KPMG to explore M&A options
Portfolio Pulse from
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
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100