Independent journal on economy and transport policy
13:45 GMT+1
SALE OF LUFTHANSA'S GOVT STAKE STARTS
(Shipping Times)
October 1, 1997
[FRANKFURT]
A share offering in Deutsche Lufthansa AG, Germany's second largest ever, kicked off on Monday as subscriptions opened for the government's remaining 37.5 per cent stake in the airline.
The issue -- valued at 4.5 billion Deutschemarks (S$3.9 billion) at current share prices -- again focuses attention on Germany's fledgling shareholding culture, ...... Read more on Shipping Times
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