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Thiele family to remain major Lufthansa shareholders: sources

March 25, 2021 at 08:38 pm

FRANKFURT (Reuters) - The Thiele family will remain major shareholders in German airline Lufthansa following the death of Heinz Hermann Thiele, two people with knowledge of the matter said on Thursday.

There has been some uncertainty about the fate of the holdings of the billionaire who died in February.

The German brake maker Knorr-Bremse and the rail technology company Vossloh said on Thursday that Thiele's stakes would be shifted to a family foundation, meaning they would continue as anchor shareholders in those companies.

Thiele has been one of the largest shareholders in Lufthansa. His stake will also be transferred to the foundation, the two sources said.

(Reporting Alexander Huebner; writing by Tom Sims; editing by Hans Seidenstuecker and Chris Reese)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	VOSSLOH AG	47.35 EUR	-0.84%	0.00%	896M
	LUFTHANSA	6.668 EUR	-0.83%	-2.31%	8.59B

Heinz Hermann Thiele

Heinz Hermann Thiele holds the position of Managing Director at Stella Vermögensverwaltungs GmbH. Mr. Thiele is also on the board of Knorr-Bremse AG (former Chairman-Supervisory Board) and Managing Partner at OPES Immobilien GmbH. Mr. Thiele previously held the position of Chairman-Supervisory Board at Vossloh AG.

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