Flybe plan £200m stock market float
14.11.10
Flybe is in the final stages of planning for a stock market flotation that would value it at £200 million, the Sunday Times reports. The regional budget airline will use the proceeds of the flotation to fund an expansion programme that may include the takeover of two rivals, the newspaper said.
Citing 'unnamed industry sources', the paper said the two potential takeover targets were Flybaboo, a Swiss regional carrier, and an unidentified Finnish airline.
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