FL Group sells easyJet stake, adds 787s for Icelandair
FL Group announced yesterday the sale of its 16.9% stake in easyJet for approximately €325 million ($395.9 million), earning Icelandair's parent company some €140 million in profit from its initial investment and representing an annual return of 70%, "far surpassing" the 20% target. JPMorgan was the...
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