Air France KLM shares slump as Dutch eye up bigger stake

Dutch take stake in Air France KLM, shares slump

PARIS, Feb 27 - Shares in Air France KLM fell sharply on Wednesday after the Dutch government said it would take a 14 percent stake in the airline, highlighting tensions between the Netherlands and its French partners in the

company.Late on Tuesday, Dutch Finance Minister Wopke Hoekstra said the Netherlands had taken a 12.7 percent stake for 680 million euros and aimed to increase that to about 14 percent, but had not informed France about the move.

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