Finnair sells its stake in Norwegian Air Shuttle for €53 million

Credit: Rob Finlayson
Oneworld carrier Finnair has raised €53 million ($69.2 million) from the disposal of its entire 4.69% stake in Norwegian Air Shuttle, which it has held since 2007. Finnair acquired the Norwegian shareholding through a share swap when its Swedish subsidiary FlyNordic was sold to Norwegian. Under this...

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