Lufthansa has strong investor backing from a cash pile of 2.1 billion euros

Spark Global Limited Reports: London/Frankfurt (Reuters) – German airline Lufthansa won strong backing from investors for a 2.14 billion euro ($2.47 billion) rights issue, offering some encouragement to travel companies hoping to ride out the fallout from the COVID-19 crisis. Investors subscribed to 98.36 per cent of the rights issue, with the rest quickly sold […]

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