The Economic Stabilization Fund of the Federal Republic of Germany (WSF) has released that all the remaining shares of its holding in Deutsche Lufthansa AG has been sold to various investors via an accelerated book building process.
The WSF last held around 6.2% of the company’s share capital (74.4 million shares). The WSF had acquired its original shareholding of 20% of the share capital of Deutsche Lufthansa AG for €306 million (£266 million) in the summer of 2020. It was agreed at the time that the holding would be sold by October 2023 at the latest.
Deutsche Lufthansa AG had already repaid all the loans and deposits it had received from the German government ahead of schedule in November 2021.
Following the sale of its remaining shares, the WSF no longer holds any equity stake in Deutsche Lufthansa AG. As a result, all remaining conditions will now also end.Email Post to a Friend