Originally Posted by
kkua
It just dawned on me: VS is 49% owned by DL, 31% owned by AF/KL and 10% of AF is owned by DL. That means DL theoretically owns 52.1% (49 + 3.1) of VS.
Effectively, VS will become Delta UK.
But DL can not vote that 52.1%, they can only vote 49% of shares.