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Lufthansa was a state-owned enterprise until 1994. [87] Deutsche Lufthansa AG shares have been publicly traded on all German stock exchanges since 1966. In addition to floor trading, it is also traded electronically using the Xetra system. It is a DAX index share and is listed in the Frankfurt Stock Exchange's Prime Standard. [88]
Under the 325-million-euro ($350 million) deal, Lufthansa takes an initial 41% stake in ITA, formerly Alitalia, from the Italian government, gaining full control by 2033 with a total investment of ...
Every investor in Deutsche Lufthansa AG (FRA:LHA) should be aware of the most powerful shareholder groups. Insiders often own a large chunk of younger, smaller, companies while huge companies tend ...
In April 2022, he increased his stake in Lufthansa to 10.01%, or 830 million euros. [26] In July 2022, he increased his share by another 5% to become the largest individual shareholder in Lufthansa Stock Company. [27] As of December 2023, the Forbes List ranked Kühne as the 47th richest person in the world, with an estimated fortune of US$31.5 ...
Kley worked for Bayer from 1982 to 1998, most recently as head of corporate finance and investor relations. He was chief financial officer and a member of the executive board of Lufthansa 1998–2006. In 2006, Kley joined the Merck Group as a member of the executive board. He became chief executive officer (CEO) and chairman of the executive ...
The fundraising comes through a heavily discounted share sale, offering new shares at €3.58 apiece, less than half Friday’s closing price of €8.21.
On 1 May 2014 Spohr took over from Christoph Franz as Chief Executive Officer of Deutsche Lufthansa AG. During his time as CEO there have been poor industrial relations, with a number of strike actions, due to the push to expand Lufthansa's low-cost airline Germanwings. [1]
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