Italy’s Meridiana airline buys 29.9 pct stake in Eurofly rival
22 December 2006Italy’s Meridiana airline, owned by the Aga Khan, said it is buying a 29.9 pct stake in the quoted charter airline Eurofly SpA from Eurofly’s 44 pct shareholder Spinnaker.
The sale is subject to approval by Italy’s antitrust authority and cancellation of the lock-up on Spinnaker selling shares, it said.
source: Forbes
