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Share Name | Share Symbol | Market | Type |
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Building Materials## | NYSE:BLG | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
By Thomas Leppert and Friedrich Geiger
FRANKFURT--UBS AG (UBS) has placed 8.8 million shares in Deutsche Lufthansa AG (LHA.XE) for EUR14.43 ($19.28) each this morning, according to a trader.
The shares used to belong to Bayerische Landesbank, he said. The number of shares which have been placed are equivalent to around 2% of Lufthansa's total shares.
A spokesman for Bayerische Landesbank wasn't immediately available for comment. A spokeswoman for UBS declined to comment.
At 0908 GMT, Lufthansa shares trade 2.3% lower at EUR14.30.
Nikki Houston contributed to this story.
Write to Friedrich Geiger at friedrich.geiger@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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