Saturday, November 23, 2013

Kingfisher Finvest India further withdraws from Kingfisher Airlines


Kingfisher Airlines shareholder, Kingfisher Finvest India, has further reduced its stake in the defunct carrier by 16 million shares to just 0.29%. The sell-off is the second such transaction in two months following a INR230million (USD3.67million) trade which saw it reduce its previous 7.94% stake in Kingfisher by 4.94%.

Source: CH-Aviation

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