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Eurofly, underwritten the capital share increase

Milan, Italy - Meridiana rises to 38.27% of the carrier

The Eurofly capital share increase has been established by the Board of Directors last January, and set to 1.347 Euro per share, for a total of about 15 million Euro, has been entirely underwritten. Meridiana rises its shareholding from 29.95% to 38.27% of the airline. The recapitalization is happened through the emission of over 11 million new ordinary shares. See AVIONEWS for more details.

AVIONEWS - World Aeronautical Press Agency - 1086146
Rome, Italy, 02/21/2008 12:13
AVIONEWS - World Aeronautical Press Agency

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