Air France Taking Over KLM In Pricey Share Exchange Deal
Air France is going ahead with a takeover of Dutch rival KLM in a long-awaited but premium-priced EUR784 million (US$912.9 million) deal that both companies acknowledged could also expand eventually to include Alitalia. Financed through a share-swap that will give KLM investors 19% in a new, renamed...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
