Air Berlin announced last week that it is "ready for the stock market" and intends to go public. The timing of the flotation on the Prime Standard of the Frankfurt Stock Exchange was not announced, and the airline said it was "impossible" to forecast the proceeds from the move. German media reported earlier this year that the IPO is designed to raise €700 million ($834.8 million) (ATWOnline, Jan. 13). Commerzbank and Morgan Stanley were appointed as joint global coordinator and joint ...

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