Air Transport World

Air France sells stock.(Brief Article)

The French state's initial public offering of 17% of Air France stock, completed in early Feb., kicked off the airline's partial privatization and valued Europe's third-largest carrier at about $3.2 billion. The offering was priced at 14 euros ($15.84) per share for individuals while institutional investors paid 14.2 euros per share.

State-owned companies, which held 3.2% of Air France, sold another 2. …

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