FL Group has sold its entire stake in Finnair, the airline announced yesterday. It reduced its 24.4% stake to 12.7% in December (ATWOnline, Dec. 20, 2007) and yesterday sold all of its remaining 16.3 million shares. Neither company revealed the buyer[s], but FL said the transaction was valued at ISK13.6 billion ($174.4 million). FL now holds no shares in listed airlines. Separately, Finnair said last week that its operating result for the first half of 2008 would "remain at last year's ...

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