Amadeus's shares fall after shareholders sell out

Amadeus, the Spanish travel reservation company, saw its share price fall 4.4 percent by 1110 GMT on Friday, according to Reuters, after core shareholders raised 617 million euros ($863 million) by placing a 10.2 percent stake in the company. Private equity firms BC Partners and Cinven both sold 4.4 percent stakes while airline Iberia sold a 1.5 percent stake, the timing of which surprised the markets.

8 October 2010•1 min read
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