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9/19, 7:25 PM (Source: TeleTrader)
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Lufthansa announces €2.1 billion capital increase

Deutsche Lufthansa AG confirmed on Sunday it has approved a capital increase of €2.1 billion.

The company issued a statement explaining it will issue over 597 million "new no-par value shares."

"The subscription ratio is 1:1. The new shares are to be offered to the Company's shareholders during the subscription period, which is expected to commence on September 22, 2021, and end on October 5, 2021," the statement read.

Breaking the News / BU