Article content
PARIS Air France-KLM has launched a share issue to raise about 988 million euros ($1.2 billion) to strengthen its liquidity and finance its general needs in the context of the COVID-19 crisis, it said on Monday.
The new shares will be priced at between 4.84 and 5.31 euros apiece.
We apologize, but this video has failed to load.
Try refreshing your browser, or Air France-KLM seeks about 1 bln euros via share issue Back to video
The French state, which holds 14.3% of the airline’s share capital, has committed to subscribe up to a maximum of 65.9% of the capital increase, so as not to hold more than 29.9% of the company’s share capital following completion of the operation.
UPDATE 1-French COVID-19 intensive care numbers resume upward trend Reuters 1 day ago
(Adds data)
PARIS, April 9 (Reuters) - The number of people in intensive care units (ICU) with COVID-19 in France increased by 52 to 5,757 on Friday, a nearly five-month high, after dipping on Thursday, health ministry data showed.
The ministry also reported 301 new deaths in hospital, compared to 343 on Thursday. Including deaths in retirement care homes, the seven-day moving average of COVID-19 deaths stood at 343 on Friday.
France also reported 41,243 new infections, down from 46,677 a week earlier. (Reporting by GV De Clercq Editing by Gareth Jones)
French coronavirus death toll down sharply week-on-week reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
France reported 25,387 new confirmed COVID-19 cases on Wednesday, up from 19,348 on Tuesday but slightly lower than last Wednesday's 26,362 as average daily increases continued slowing.