newstodate.aero
Apr 22, 2013 (newstodate): Finnair has reaped a sound business from sale of its take in Norway's LCC Norwegian.
Finnair has announced its entire stake of 4.69 percent in Norwegian Air Shuttle.
The shares were sold for approximately 53 million euro, and Finnair's capital gain for the transaction totalled approximately 34 million euro.
Implemented as a share-swap, the shares in Norwegian were transferred to Finnair in connection with the sale of Finnair's Swedish subsidiary FlyNordic to Norwegian in 2007.
Finnair has announced its entire stake of 4.69 percent in Norwegian Air Shuttle.
The shares were sold for approximately 53 million euro, and Finnair's capital gain for the transaction totalled approximately 34 million euro.
Implemented as a share-swap, the shares in Norwegian were transferred to Finnair in connection with the sale of Finnair's Swedish subsidiary FlyNordic to Norwegian in 2007.