Hogan Lovells advises Bundesrepublik Deutschland – Finanzagentur GmbH on the sale of part of its shareholding in Deutsche Lufthansa AG

Press releases | 28 July 2022

Led by its Frankfurt partners Prof Dr Michael Schlitt and Dr Tim Oliver Brandi, international law firm Hogan Lovells advised the Bundesrepublik Deutschland – Finanzagentur GmbH (Finanzagentur) on the sale of part of the shareholding in Deutsche Lufthansa AG (DLH) held by the Economic Stabilization Fund (WSF).

After a partial sale of its shares and subsequent participation in the capital increase in 2021, the WSF's stake was still 14.09%. Against the background of Lufthansa's stable corporate development, WSF has reduced its shareholding over the past weeks to now less than 10%.

As announced on July 27, 2022, WSF will now sell its remaining shareholding in DLH by October 2023 at the latest.

Hogan Lovells Team for Bundesrepublik Deutschland – Finanzagentur GmbH

Prof Dr Michael Schlitt (Partner), Dr Tim Oliver Brandi (Partner), Dr Susanne Ries (Of Counsel), Mark Devlin (Counsel), Christian Schröder, Simon Kiefer (Associates), Eva-Christina Sommer, Simona Gradišek (Senior Business Lawyers) (all Corporate and Capital Markets, Frankfurt);

Dr Marc Schweda (Partner), Nikita Ivlev (Associate) (both Antitrust and State Aid Law, Hamburg);

Ben Garcia (Partner, US Law, New York).

Inhouse (Finanzagentur/ Economic Stabilization Fund, Frankfurt): Bernd Giersberg, Dr. Florian Hassner