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Name | Symbol | Market | Type |
---|---|---|---|
Amadeus IT Group SA (PK) | USOTC:AMADY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.44 | 0.62% | 71.38 | 70.97 | 71.39 | 71.43 | 71.18 | 71.33 | 30,278 | 21:10:00 |
MADRID--Spain's stock market supervisors suspended trading in shares of travel-technology company Amadeus IT Holding SA (AMS.MC) after European carriers Deutsche Lufthansa AG (LHA.XE, DLAKY) and Air France-KLM (AF.FR) said late Tuesday that they planned to sell shares in the company.
The airlines and banks involved in the transaction said in filings with the Spanish market supervisor on Tuesday that Lufthansa plans to sell more than 16.17 million shares in Amadeus, representing a 3.61% stake. French bank Societe Generale SA (GLE.FR), in turn, intends to sell more than 7.44 million shares, or a 1.66% stake in the company, previously held by Air France.
The trade halt will be lifted at 0900 GMT.
Amadeus has a market value of 8.67 billion euros ($11 billion) and 448 million shares outstanding.
Write to Santiago Perez at santiago.perez@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Amadeus IT (PK) Chart |
1 Month Amadeus IT (PK) Chart |
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