FRANKFURT The death of Johanna Maria Quandt, head of the family which has a controlling stake in BMW (BMWG.DE), will not affect the family's shareholding in the German carmaker, a spokesman said.
Johanna Quandt died on Monday in Bad Homburg, Germany at the age of 89, the spokesman for the family said on Wednesday. The Quandt family has a 46.6 percent stake in BMW, including a 16.7 percent stake owned by Johanna Quandt.
17:07 Epcot's Spaceship Earth attraction will briefly become the Death Star14
07:14 Italy Votes in Referendum With PM Matteo Renzi's Future at Stake12
18:05 DP World, Quebec's Caisse to create C$5 billion investment vehicle14
12:26 What Donald Trump did wrong with his response to Castro’s death16