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Air France seals landmark takeover of KLM

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Old May 4, 2004, 2:37 am
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Join Date: Dec 2001
Location: The Netherlands
Posts: 113
Air France seals landmark takeover of KLM

PARIS, May 4 (Reuters) - Air France has succeeded in its bid to create the world's largest airline by revenues, winning over 89 percent of the share capital of Dutch carrier KLM in an 833 million euro ($995.7 million) takeover bid that may herald a new era in air travel.
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