(MENAFN) UAE-based Etihad Airways plans to raise its stake in the German airline Air Berlin, which is almost 30 percent owned by Abu Dhabi-based Etihad Airways, according to the Emirates 24/7
A group of German shareholders also plan to increase their stakes by more than 50 percent between them
The 38.5 percent of the group's shares owned by smaller investors would also be bought out
Air Berlin's website shows that the family's investment vehicle ESAS owns 12 percent of the carrier
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