Aptiv (NYSE:APTV – Get Free Report) and Knorr-Bremse (OTCMKTS:KNRRY – Get Free Report) are both business services companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, earnings, analyst recommendations, profitability, risk and dividends. Analyst Recommendations This is a summary of current ratings […]
Thiele family sold more than half its stake in Lufthansa 05/20/2021 | 05:59pm EDT Send by mail : Message : Required fields (Reuters) -The Thiele family, Deutsche Lufthansa AG s second-largest shareholder, sold more than half of its stake in the airline group following the death of Heinz Hermann Thiele, the bookrunner said in a statement on Thursday. KB Holding GmbH, Thiele family s investment vehicle, sold 33 million of its 60 million shares, the statement said, at a placement price of 9.80 euros per share. The placement price represented about 10 percent discount to Thursday s closing price of 10.8680 euros and made the sale worth 323.4 million euros ($395.42 million). Heinz Hermann Thiele, majority owner of German braking systems maker Knorr-Bremse, died in February at the age of 79.