View Full Version : Spanish Futura for sale?
crisidebrian
27th Sep 2004, 14:57
Heard rumors that there's a serious approach from a possible buyer. Maybe one of the big players in the charter market? Any info?
Thanks
we_never_change
27th Sep 2004, 16:17
Didn't/hasn't Aer Lingus got a stake in Futura or am I barking up the wrong tree?
WNC
EI-WAT
27th Sep 2004, 18:01
Aer Lingus did have a majority share in futura. However sold it off during restructuring and now only have about a 10% share in them.
crisidebrian
28th Sep 2004, 09:49
Actually EI kept 20% of it. The rest was sold to an investments company (Corpfin), to the managers and some part to the rest of the workers. It seems they learned something from Barbara Cassani, and maybe W.Walsh also wants to learn something of this move (heard he is seeking a MBO).
Anyway, there are some rumors that Corpfin is looking forward to sell in the very near future. Who might be the buyer, considering oil prices etc.?