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Play proposes new stake for equity contribution

Victoria Tozer-Pennington
By Victoria Tozer-Pennington Dec 10, 2019 1 mins read
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Play proposes new stake for equity contribution

Play – the relaunched WOW Air – is reported to be having difficulties raising funds from private investors and has proposed a 70% stake instead of 50% for equity investors. Play founders and Iceland Securities (ÍV) lowered the company’s share to 30% after feedback from investors. Accordin...

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