As far as i know only the swiss Germania AG company has been sold, or rather the 40% that were owned by the german Germania. No one knows yet who to and for what price. No idea about the Bulgarian Eagle that was part of the Germania group as well, but isn't (yet) in administration.

But yes, the names and ownership structures are ironic. However, apparently the branding will be redone, not good to fly around in colors and with the name of a broke company.

Germania Airline’s DFO is convinced Germania will be restarted, retaining it’s brand, with 8 to 10 A320 type aircraft.

Press now reports it's finally over, and a restart won't be attempted.

https://www.aero.de/news-31286/Germa...wieder-ab.html