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