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IBERIA IPO TO START TODAY
MADRID, Iberia's IPO, the market listing of a 59,9% stake in the airline, should start today. The government's price tag values Iberia at E2.1bn. The listing will be completed on APril 3. A prolonged work-to-rule of Sepia, the airline's militant pilots union, could force the government to postpone the market listing indefinitely.
AVIONEWS - World Aeronautical Press Agency - 9833
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency