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Age : 84
Public asset : 36,567,839,599 USD
Biography : Klaus-Michael Kuehne is a German businessperson who founded Melmed Holding AG and IPMD GmbH and who

German investor Kuehne boosts stake in Lufthansa to 15%

07/07/2022 | 02:37am EDT
FILE PHOTO: Illustration shows Lufthansa logo

BERLIN (Reuters) - German logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 15% from 10%, Lufthansa said late on Wednesday, making him the biggest shareholder in the German flag carrier.

Kuehne had boosted his stake in Lufthansa to 10% in April.

The German billionaire is also the controlling shareholder of Swiss logistics firm Kuehne & Nagel and has a 30% stake in container shipping company Hapag-Lloyd AG.

(Writing by Maria Sheahan, Editing by Miranda Murray)

© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
DEUTSCHE LUFTHANSA AG 0.82% 6.642 Delayed Quote.6.60%
HAPAG-LLOYD AG -2.50% 304 Delayed Quote.12.56%
KUEHNE + NAGEL INTERNATIONAL AG 1.03% 244.1 Delayed Quote.-17.93%