Lufthansa’s top shareholder to vote for state bailout deal
Billionaire Heinz Hermann Thiele had criticised the steep discount being granted to the German government
24 June 2020 - 21:41
Frankfurt — Deutsche Lufthansa’s biggest shareholder said on Wednesday he will vote in favour of a €9bn government bailout, giving the measure a shot of momentum on the eve of a crunch vote.
Billionaire Heinz Hermann Thiele told Frankfurter Allgemeine Zeitung that he’d support the package at Thursday’s special shareholder meeting. He had earlier criticised a steep discount being granted to the German government on a 20% stake, and he had the votes to stop it single-handedly...
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