Lufthansa shares jumped by 10% on Thursday after investor Heinz Hermann Thiele dropped his objections to a 9 billion euro ($10.12 billion) government bailout to rescue the carrier hit hard by the coronavirus pandemic. “I will vote for the proposal,” Thiele, who recently increased his stake in Lufthansa to 15.5%, told the Frankfurter Allgemeine daily on Wednesday. Shareholders are due to vote on the bailout at Lufthansa’s virtual extraordinary general meeting on Thursday. …read more
Source:: Yahoo Finance
