About an hour ago the news said that Ryanair had stepped out ... Quoting their CEO... Because they could not get access to the takeover/bidding process...
And repeated the Ryanair claim that the bidding process was rigged and the timing of the bankruptcy declaration being in sync with the German elections.
Both aspects giving an 'asymmetrical' advantage to Lufthansa.
Expectation being that LH would take the best parts and only be limited by German and European anti-trust authorities.