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16th Apr 2024

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German government to sell quarter of its stake in Lufthansa

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Germany has announced plans to sell up to a quarter of its stake in Lufthansa, Deutsche Welle writes. The German finance agency said the move would take place in the coming weeks and cited positive development at the airline. The state's 20 percent stake was acquired for €300m. The federal government announced the 20 percent stake initially to help the airline mitigate the effects of the global pandemic.

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