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Livingston's purchase makes Eurofly share raise

Rome, Italy - EUR 50m is the operation value

After Viaggi del Ventaglio board approved acquisition project of Livingston airline, Eurofly registers a 1.4% raising in the exchange. Eurofly obtained sole right to treat the purchase by Viaggi del Ventaglio, owner of Livingston Aviation Group, for a transaction which has an estimated value of EUR 50m, 2/3 of which would be cash and the rest Eurofly shares. Livingston operates with planes compatible...

AVIONEWS - World Aeronautical Press Agency - 138797

AVIONEWS - World Aeronautical Press Agency
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