Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) said Friday they have increased the size of an accelerated bookbuilding offer to place a stake of up to 10.1% in Spanish travel company Amadeus IT Holding SA (AMS.MC) among qualified investors.

The move comes after both banks said late Thursday they planned to sell a stake of up to 6.7% on behalf of current Amadeus shareholders that they didn't identify.

At current market prices, the stake is worth some EUR623 million. Amadeus shares closed Thursday up 2.1% at EUR13.85.

Air France-KLM (AF.FR) is Amadeus's largest shareholder with a 15.9% stake, followed by Amadecin and Cinven, each with a 13% holding, according to the regulator's records.

Deutsche Lufthansa AG (LHA.XE) has a 7.9% stake and International Consolidated Airlines Group SA (IAG.MC) holds 7.5%. Singapore's sovereign fund has a 3% holding in Amadeus.

-By David Roman, Dow Jones Newswires; +34 91 395 8127; david.roman@dowjones.com

 
 
Grafico Azioni Amadeus IT (PK) (USOTC:AMADY)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Amadeus IT (PK)
Grafico Azioni Amadeus IT (PK) (USOTC:AMADY)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Amadeus IT (PK)