Air Transport World

Royal Jordanian.(AFRICA/MIDDLE EAST Report)(Royal Jordanian Airlines)(Brief article)

Royal Jordanian IPO was completed last month as the government sold 71% of the airline at JOD3.08 ($4.32) per share for total proceeds of JOD164.5 million. The offering consisted of 22.3 million shares to domestic retail and institutional investors (including a placement of 6.5 million shares for no consideration with RJ's employee fund and 8. …

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