BAE Systems Raises $52M In Air Astana Share Sale

air astana a3210neo
Credit: Trevisan Aviation Images/Alamy Stock Photo
BAE Systems has raised $52.2 million from the sale of most of its stake in Air Astana. The British defense company said on Dec. 17 that it sold 9 million global depositary receipts, the equivalent of about 10.1% of the airline’s outstanding shares and more than initially planned. BAE still holds a...
Robert Wall

Robert Wall is Executive Editor for Defense and Space. Based in London, he directs a team of military and space journalists across the U.S., Europe and Asia-Pacific.

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