Sir Richard Branson does U-turn and retains 51% stake in Virgin Atlantic
It was two years ago that Sir Richard Branson struck a deal to sell a 31% stake in the then vulnerable Virgin Atlantic to Air France-KLM for approximately 220 million pounds (US$284 million) as part of a three-way venture with Delta Air Lines as Delta Air Lines already held a 49% stake in the carrier. […]
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