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On the basis of the issuance of new shares today, Air France is now privatized
Paris, France - With the fusion with KLM the French government holds less than 50% of the shares
Following what has been declared in the joint press release of KLM and Air France, the French airline privatization is completed. The French government at the moment holds the 44.7%, the employees the 10.50%, public float 44.8% of which 17.3% by former KLM shareholders. The 89.22% of KLM shareholders have agreed to the offer that values the Dutch company around EUR 850m. Air France has decided to extend...
AVIONEWS - World Aeronautical Press Agency - 62777
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency