Air France-KLM sold 33.6 million of its shares of Amadeus IT Holding S.A., with net proceeds of €467 million, - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

March 01, 2012 - 08:50 AM ET

Air France-KLM sold 33.6 million of its shares of Amadeus IT Holding S.A., with net proceeds of €467 million, The sale represented 7.5 percent of Amadeus share capital, leaving the aviation group with a 7.72 percent stake, according to Air France-KLM. Iberia and Lufthansa also continue to own 7.5 percent and 7.61 percent, respectively, of Amadeus.

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
Runzheimer International announced a strategic alliance with Grasp Technologies... read more »
Singapore-based global distribution system Abacus International partnered with CarTrawler to expand ground transport content for subscribers,... read more »
The International Air Transport Association partnered with travel agency groups to conduct a study on the New Distribution Capability's impact on agencies.... read more »
Rocketrip announced a partnership to "automatically push all relevant expense data to Concur."... read more »
Amadeus is partnering with Brazil's Tam Airlines to launch a mobile tool that handles flight disruptions,... read more »
Concur partnered with door-to-door trip planning software provider routeRank,... read more »
The three major global distribution system operators reported year-over-year growth in worldwide booking volumes for the three months ending Sept. 30,... read more »
Door-to-door trip planning tool Rome2rio announced plans to integrate with Concur.... read more »
Syniverse is making its Enterprise Messaging Service available to Concur Messaging clients,... read more »
Sabre renewed a "multi-year" distribution agreement with Enterprise Holdings,... read more »
Carlson Wagonlit Travel integrated unused air ticket management technology into the CWT Online booking tool, backed by partner KDS.... read more »