AccorHotels eyes a 14.3% stake in Air France-KLM

AccorHotels is studying the acquisition of a 14.3% stake in Air France-KLM, with hopes of partnering with the airline in travel services. The French hotel group plans to acquire the minority stake from the French government.

AccorHotels, which has been mulling the deal for the past year, will advise the market if a deal comes to fruition.