Shearing a tree stock of the week: Lufthansa's shareholders in turmoil

In the coming week for the Deutsche Lufthansa exciting. It is about the future of the leading European airline. And for many shareholders in the long run, your

Shearing a tree stock of the week: Lufthansa's shareholders in turmoil

In the coming week for the Deutsche Lufthansa exciting. It is about the future of the leading European airline. And for many shareholders in the long run, your rate of return and shares in a tradition-rich company. It would have been able to stay in the run – up to actually calm-so the probably thought at least the Executive floor to Carsten Spohr. Finally, it was still reasonably on time, before the group's liquidity thanks to the Corona of a crisis to Zero, with the Federal government on a Deal agreed.

The Board of Directors of the (future M)Dax-group seems likely to have a bit of their new major shareholder Heinz Hermann Thiele, and the unconventional business thinking is underestimated. This is not a surprise, after all, he has this in the past as the main shareholder during braking specialist Knorr-Bremse act. It took exactly one Interview with the F. A. to make, for example, the the Lufthansa employees in Frankfurt, so really nervous.

Thiele is not a Gordon Gekko

Since Heinz-Hermann Thiele showed up to the F. A. Z. dissatisfied with the rescue package, particularly with the planned state entry. "I am firmly of the Belief that the state is not the best entrepreneurs," he said. Also, Thiele said that the increase of his shares in Lufthansa is now 15 percent is not a Signal to vote at the annual General meeting against anything. At the same time (justified) criticism came from him, however, that the Board of Directors of the crane-group have not named the the collar-treated Alternatives.

As blank ultimately the nerves at Lufthansa are showed the reaction of the company. Immediately, the group warned in a message prior to a Failure of the rescue package and called on its shareholders, if possible in large numbers at the extraordinary shareholders ' meeting. Lufthansa fears that the major shareholder Thiele collections could block due to the usually weak presence of shareholders on the rescue plan.

a bit of the Whole recalled the Dieter Wedel -three-divisor "the big Bellheim" from the 1990s, in which the Board of Directors of the bell home-buying houses, the greedy Investor, Karl-Heinz Rottmann, tried to dissuade, to start a revolt at the annual General meeting. However, Thiele seems to be neither a Rottmann, a Gordon Gecko from "Wall Street", wants to exclude the financial difficulties of the flight company "Bluestar".

The billionaire Thiele may have a strong Ego, a difficult shareholder and also a bit of a Fan of the "one against all", but he certainly has asked the right questions, even if many outsiders to be a confusing time. There was really next to the Federal rescue package is no better Alternative for the group, its over 138,000 employees and its shareholders? Conceivable is a part-financing on the financial market and not a capital increase would be, Yes, quite - and this is still at the nominal value.

doubt has been expressed, not just the major shareholder. Also a shareholder, conservationists are skeptical. The German protection Association for securities holding (DSW) had already claimed weeks ago in the framework of the Lufthansa-negotiations with the Federal government again and again that the entrepreneurial influence of the state must be prevented, so that the group has a Chance to maneuver themselves out of the crisis.

Date Of Update: 19 June 2020, 06:20