ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

DLAKY Deutsche Lufthansa AG (QX)

7.02
0.08 (1.15%)
31 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Deutsche Lufthansa AG (QX) USOTC:DLAKY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.08 1.15% 7.02 6.87 7.07 7.05 6.97 7.00 84,552 21:14:51

German Government Fund Exits Lufthansa's Capital

14/09/2022 9:40am

Dow Jones News


Deutsche Lufthansa (QX) (USOTC:DLAKY)
Historical Stock Chart


From Jun 2022 to Jun 2024

Click Here for more Deutsche Lufthansa (QX) Charts.

By Maria Martinez

 

Germany's Economic Stabilization Fund has exited Deutsche Lufthansa AG after more than two years with a profit of 760 million euros ($757.5 million).

The proceeds generated from the sale of the shares in value of 1.07 billion euros significantly exceed the amount of 306 million euros to acquire the stake, said Jutta Doenges, who is responsible for the fund, known as WSF.

She said that the WSF's participation has now ended and Lufthansa is once again in private hands.

The Economic Stabilization Fund was created by the government in March 2020 to address the economic and social impacts of the coronavirus pandemic on the national economy.

 

Write to Maria Martinez at maria.martinez@wsj.com

 

(END) Dow Jones Newswires

September 14, 2022 04:25 ET (08:25 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year Deutsche Lufthansa (QX) Chart

1 Year Deutsche Lufthansa (QX) Chart

1 Month Deutsche Lufthansa (QX) Chart

1 Month Deutsche Lufthansa (QX) Chart

Your Recent History

Delayed Upgrade Clock