By Reuters
Share this articleComments
PARIS (Reuters) - Shares in Air France KLM fell sharply on Wednesday after the Dutch government said it would take a 14 percent stake in the airline, highlighting tensions between the Netherlands and its French partners in the company.
Air France KLM shares were down by around 9 percent in early session trading.
Late on Tuesday, Dutch Finance Minister Wopke Hoekstra said the Netherlands had taken a 12.7 percent stake for 680 million euros (584 million pounds) and aimed to increase that to about 14 percent, but had not informed France about the move.
(Reporting by Sudip Kar-Gupta; editing by Jason Neely)
Share this articleComments