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Pension Fund of Commerce (PCF) today entered into a binding agreement with Icelandair Group hf. on investing ISK 1 billion in the Group in return for a 12 percent share in the Company. PCF will subscribe tonew shares in the nominal amount of ISK 400 million at a price of 2.5, for a total of [...]
Original Source: http://www.icenews.is/index.php/2010/06/18/pension-fund-of-commerce-invests-isk-1-billion-in-icelandair-group/
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