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Nomura says placed 6.6 pct of Spain's Amadeus
August 8, 2012 / 8:16 AM / 5 years ago

Nomura says placed 6.6 pct of Spain's Amadeus

MADRID, Aug 8 (Reuters) - Nomura said on Wednesday it had placed a 6.6 percent stake in Amadeus owned by International Airlines Group at a price of 16.5 euros per share.

IAG, which owns Iberia, the leading airline in Spain and the European-Latin American market, had entered on Tuesday into a hedging transaction with Nomura International to protect its share value in Amadeus.

Amadeus shares were down 6.71 percent at 16.27 euros at around 0815 GMT. (Reporting by Julien Toyer; Editing by Fiona Ortiz)

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