CV580Freak
Topic Author
Posts: 886
Joined: Sat Jul 23, 2005 12:39 am

Etihad To Purchase 33% Of Cargolux

Mon Dec 05, 2005 5:46 pm

Reported in local Bahrain newspaper that Etihad has put in a $130 bid for a 33.7% share.

Obvious future switch of ME hub to AUH.
One day you are the pigeon, the next the statue ...
 
ANother
Posts: 1833
Joined: Thu Nov 03, 2005 2:47 am

RE: Etihad To Purchase 33% Of Cargolux

Mon Dec 05, 2005 7:11 pm

Quoting CV580Freak (Thread starter):
has put in a $130 bid for a 33.7% share.

Is that the price per share, of for the whole 33.7% (If so, I'll raise it to $140)

What's the current ownership of CV? And will this affect their 'nationality'?
 
HiJazzey
Posts: 668
Joined: Fri Sep 09, 2005 3:00 am

RE: Etihad To Purchase 33% Of Cargolux

Mon Dec 05, 2005 7:25 pm

It's probably per-share.
Luxair is the founder of Cargolux and the majority shareholder (34.9%). By the sounds of it, Eithad is buying Swissair's shares from the liquidator.