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Thiele's heirs unwind Lufthansa stake


By Aidan Gregory
10.00 AM
The family of Heinz-Herman Thiele, the late German billionaire industrialist, sold over half their stake in Deutsche Lufthansa, the German flag carrier, via an accelerated bookbuild on Thursday night.
KB Holding, the Thiele family vehicle, sold 33m shares, a 5.5% stake in Lufthansa, raising €323.4m. At the €9.80 offer price, investors received a 9.8% discount to the closing price of Lufthansa on Thursday. The books were covered inside 15 minutes, according to a source close to
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Heinz Herman Thiele , Aidan Gregory , Akb Holding , Deutsche Lufthansa , ஹெய்ன்ஸ் ஹெர்மன் திிேலே , உதவி கிரெகொரி , க்ப் வைத்திருத்தல் , டாய்ச் லுஃப்தான்சா ,