DUBAI / WAM Shamal Holding, the Dubai-based diversified investment firm, today unveiled Naïa Island Dubai, ...
Read More »Lufthansa pitches $6.5b proposal to raise capital
Bloomberg Deutsche Lufthansa AG will ask shareholders to approve a capital increase that would open a path towards removing the German government as its biggest shareholder. The proposed 5.5 billion euros ($6.5 billion) in fresh capital would give Europe’s largest airline enough cash to replace a so-called silent participation, a major part of Lufthansa’s 9 billion-euro bailout from the state. ...
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