Air Berlin increases Niki stake to 49.9%

Air Berlin yesterday confirmed the purchase of a 25.9% stake in Niki for €21 million ($28.7 million), giving it 49.9% ownership in the Austrian LCC ( ATWOnline , Feb. 17) . It also will grant a €40.5 million loan repayable in three years with either cash or the remaining 50.1% of Niki. AB said that...

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