A new stable investor has acquired a significant stake of Vueling after the “accelerated bookbuilding” of 20.97% of the airline’s stocks. The bookbuilding was successfully executed by Goldman Sachs International among…
A new stable investor has acquired a significant stake of Vueling after the “accelerated bookbuilding” of 20.97% of the airline’s stocks. The bookbuilding was successfully executed by Goldman Sachs International among qualified investors.
Atalaya Inversiones, SRL (owned by Caja Badajoz, Caja Castilla La Mancha, La General de Granada, CajaSol and Caja Murcia), has acquired 747,615 Vueling shares, which represent a 5% of the total shares. This investment
vehicle has acquired this significant stake as a medium/long term financial investment, in keeping with the investment strategy Atalaya has followed on other publicly-listed Spanish companies since its inception in 2000.
With this new investor, Vueling’s core shareholders are set up as follows:
- Inversiones Hemisferio (Lara Family) – 15.9%
- Founders and Vueling management team – 11.1%
- Vueling American Investors (Dave Barger, Presidente de Jet Blue) – 3.8%
- Treasury stock – 1.5%
- Atalaya Inversiones, SRL – 5%
- Free float – 62.7%
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
