Home > Home > Air France-KLM looks to offload half of stake in Amadeus, could be worth half a billion Euros

Air France-KLM looks to offload half of stake in Amadeus, could be worth half a billion Euros

03/05/2012| 9:36:34 AM| 中文

Air France-KLM wants a buyer for around half of its 15% stake in the company. 7.5% of its ownership (around 33.6 million shares) is on the table and at current market prices would be valued at around Euro 480 million ($640 million).

Amadeus‘s founding airline ownership is slowly eroding away with confirmation that Air France-KLM wants a buyer for around half of its 15% stake in the company. 

The airline group says 7.5% of its ownership (around 33.6 million shares) is on the table and at current market prices would be valued at around Euro 480 million ($640 million). 

Air France-KLM says the result of the “private placement” will be announced as soon as possible, with Goldman Sachs and Santander acting as co-handlers for the sale.

Read full story at: http://www.tnooz.com/2012/03/01/news/air-france-klm-looks-to-offload-half-of-stake-in-amadeus-could-be-worth-half-a-billion-euros/

TAGS: Air France-KLM | Amadeus | GDS
©2016 广州力矩资讯科技有限公司 粤ICP备06070077号-2
Tell us more about yourself!