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Thread: Dutch State raises stake from 5.9% to near 13%
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Old Mar 1, 2019, 4:40 am
  #45  
Satie
 
Join Date: Feb 2013
Location: Valencia, Paris
Programs: FB Gold, IB Plus Plata
Posts: 164
Originally Posted by brunos
Could someone spell out the current detailed structure of KLM ownership?

My understanding is that the KLM CEO is reappointed by the supervisory board of KLM. Given its current composition, it is unclear that AF has a veto power.
Again, our Dutch friends might have a better understanding of the situation.
AFKL holding has 100% of economic rights over KLM, and 49% of voting rights (Dutch foundations 36,3% and Dutch state 14,7%). AFKL (not AF) can veto a KL CEO appointment
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