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27-Feb-2019 11:07 AM

Dutch govt acquires 12.7% stake in Air France-KLM to guarantee Dutch public interests in the group

Netherlands' Government acquired (26-Feb-2019) a 12.68% stake in Air France-KLM, with the aim to obtain a total 14% stake, equivalent to that of France (Reuters/La Tribune, 26-Feb-2019). The stake is valued at EUR680 million, according to Minister of Finance Wopke Hoekstra. "The government wants to be able to exert direct influence on future developments at the Air France-KLM holding company so that Dutch public interests can be optimally guaranteed", the Dutch Government said. The Netherlands already holds a 5.9% interest in KLM Royal Dutch Airlines. [more - original PR - Dutch]

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