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Business 21 Apr 2021 | 7:00 AM

Air France-KLM raises US$1.25bil, giving France a 28.6% stake

PARIS: Air France-KLM raised €1.04bil (US$1.25bil or RM5.12bil) through a share issue that saw the French government’s holding in the struggling airline increase to 28.6%, more than triple that of the Netherlands.