Local
articles | 16 July 2014

Cyprus Airways officially seeks private investors

The government has officially put Cyprus Airways up for sale with advertisements in the press inviting investors to submit expression of interest for acquiring shares or any of the company’s assets.

The ads stressed that the expression of interest related to the submission of non-binding intention is to investigate the possibility of submitting a binding offer.

The airline’s chairman has said that finding a strategic investor was crucial for its future.

Those interested can obtain information on the shares and the assets by sending an email with the subject “EoI for Cyprus Airways” to canayiotos@kpmg.com or demetrioug@kpmg.com

The deadline for the submission is July 23.

Source: Cyprus Mail

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