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Iberia takes another step to full privatization

Madrid, Spain - As public holding company SEPI is to sell its remaining 5% stake

As soon as the news according to which the Spanish public holding company SEPI is to sell its remaining Iberia's 5% stake broke out, Madrid-based airline takes another theoretical step towards full privatization. "SEPI has given a mandate (to sell the shares) to three banks, but that does not mean it is going to carry out the transaction now", a spokesperson said. "The timing has not been decided....

AVIONEWS - World Aeronautical Press Agency - 33347

AVIONEWS - World Aeronautical Press Agency
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