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Iberia is still Spanish

Madrid, Spain - Caja Madrid is the first majority shareholder

It is official: Iberia remains in Spanish hands. British Airways announced yesterday that it will not exercise any right of pre-emption over the BBVA shares (6.9%) and Logista (6.42%) optioned by Caja Madrid last week (see AVIONEWS). Caja Madrid becomes the Iberia first shareholder with a 23.4% participartion, after BA with 9.95%, Sepi (5.2%), EL Cortes Ingles (2.9%). With this formation all...

AVIONEWS - World Aeronautical Press Agency - 1082632
Rome, Italy, 11/27/2007 11:43
AVIONEWS - World Aeronautical Press Agency

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