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German air-taxi maker Lilium hires KPMG to explore M&A options

(Reuters) – German air-taxi maker Lilium, which is set to file for insolvency after running into a cash crisis, said on Tuesday it had hired consultancy KPMG to explore merger and acquisition options.

The move to explore options comes after a court granted Lilium’s application for self administration, the company said.

This post appeared first on investing.com

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