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Article: KLM FINALISES DEAL TO BUY QUARTER OF KENYA AIRWAYS
- Article from:
- Transport Europe
- Article date:
- February 20, 1996
CopyrightCOPYRIGHT 1996 Europe Information Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Kenyan authority said that Dutch airline KLM had paid USD 26 million for a 26% stake in national carrier Kenya Airways. Finance Minister Musalia Mudavadi said the Government planned to retain a 23% stake in the airline while 51% would be sold though public flotation, to institutions and to Kenya Airways staff. KLM will also provide Kenya Airways with the equivalent of USD 3 ...
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Article: Controversy clouds Kenya Airways sell off.
African Business;
January 1, 1995 ;
700+ words
... ... After months of confusion and conflict Kenya Airways is at last moving closer to privatisation ... announced. According to the chairman of Kenya Airways, Philip Ndegwa, former Governor of ... President Daniel Arap Moi announced that Kenya Airways would be privatised before the end ...
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