12-Jul-2010 4:21 PM
Kenya Airways to reduce its stake in PrecisionAir; Middle East shares stable
Analysis
Kenya Airways confirmed it plans to reduce its stake in PrecisionAir from 49% to 34%, selling the 15% stake through an IPO to investors in Tanzania by the end of 2010. Kenya Airways took the investment in PrecisionAir in 2003, after Kenya Airways' bid to take over Air Tanzania failed. Kenya Airways' shares were flat on Friday.
Read More
This CAPA Analysis Report is 95 words.
You must log in to read the rest of this article.
Got an account? Log In
Create a CAPA Account
Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.
| Inclusions | Content Lite User | CAPA Member |
|---|---|---|
| News | ||
| Non-Premium Analysis | ||
| Premium Analysis | ||
| Data Centre | ||
| Selected Research Publications |