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Article: Iberia share price reduced.
- Article from:
- Airline Industry Information
- Article date:
- April 3, 2001
CopyrightCOPYRIGHT 2001 Normans Media Ltd. 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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AIRLINE INDUSTRY INFORMATION-(C)1997-2001 M2 COMMUNICATIONS LTD
SEPI, a Spanish state holding company, reduced the share price for Iberia, the Spanish national carrier, to EUR1.19 on 1 April.
The new share price is about 30% below the bottom of the target price range and about 40% lower than the maximum price set last week. The reduction, which ...