Lufthansa rescue pays off for German state economy overview

A good two years after the spectacular Lufthansa rescue, the German state has sold the last shares in the airline group. The federal economic stabilization fund (WSF) realized a profit of 760 million euros. Part of the shares went to the logistics entrepreneur Klaus-Michael Kühne, who, as the largest single shareholder in the MDax group, […]

Börse Express – dpa-AFX overview: COMPANIES from 07/11/2022

ROUNDUP: Duty-free shop operator Dufry wants to buy Autogrill group BASEL/ROZZANO – The Swiss travel goods retailer Dufry, known for its duty-free shops wants the Italian motorway service station operator Autogrill take over. With a turnover of around 6.5 billion euros, this would create one of the world’s largest retailers in the travel sector, both […]

Börse Express – dpa-AFX overview: COMPANY from 08.07.2022

ROUNDUP: Energy group Uniper applies for government stabilization measures DÜSSELDORF – The ailing energy company Uniper submitted an application for stabilization measures to the federal government after Russian gas supplies had been curtailed and the associated price jumps. The proposal also provides for equity components that would lead to a relevant federal investment in Uniper, […]

Börse Express – dpa-AFX overview: COMPANY from 05/26/2022

ROUNDUP: Broadcom expands software business with billion-euro purchase of VMware NEW YORK – The chip company Broadcom drives its software business with the $61 billion purchase of VMware Ahead. With this acquisition, the largest to date by a chip company, Broadcom CEO Hock Tan is continuing his shopping spree of recent years, with which he […]

Dax before the Easter break with a small plus

Frankfurt/Main (dpa) – At the end of a shortened trading week, the Dax said goodbye to the Easter break on Maundy Thursday with slight gains. The leading German index rose by 0.62 percent to 14,163.85 points. He was able to contain a weekly loss of almost three percent at times to less than one percent. […]

Börse Express – dpa-AFX overview: COMPANY from 02/10/2022

ROUNDUP 2: Delivery Hero disappointed with the outlook – market value collapses BERLIN – After a year of strong growth, the delivery service Delivery Hero given a more cautious outlook for 2022 than expected. For the current year, the board is aiming for a gross goods value of 44 to 45 billion euros, as the […]

Börse Express – dpa-AFX overview: COMPANIES from 03.09.2021

ROUNDUP 2: Chemical company Covestro is aiming for job cuts LEVERKUSEN – The chemical company Covestro faces downsizing. As part of a transformation program, the global activities are being checked to see whether they fit the strategy and contribute to sustainable growth, said a company spokesman on Friday. “In this context there will also be […]

Börse Express – dpa-AFX overview: COMPANIES from 01.09.2021

ROUNDUP: Order of billions for Siemens train division from Egypt MUNICH / CAIRO – Siemens builds the first electric railway network in Egypt and is already supplying ICE and regional trains, signal boxes and signaling technology for 3 billion US dollars in the first step. The contract for the first 660 kilometers of the planned, […]