German government intends to reduce Lufthansa stake further -bank

A shut-down first class counter of German air carrier Lufthansa is photographed on the day of the airline’s annual general meeting at the airport in Frankfurt, Germany, May 4, 2021. REUTERS/Kai PfaffenbachRegister now for FREE unlimited access to Reuters.comRegisterBERLIN, Sept 13 (Reuters) – The German government has sold off its 20% stake in Lufthansa (LHAG.DE) acquired during the coronavirus pandemic, it said on Tuesday.The state’s economic stabilisation fund (WSF), which saved Lufthansa from bankruptcy during the pandemic with a bailout package totalling 9 billion euros ($8.97 billion), had progressively reduced its stake in recent years with the aim of offloading it completely …
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