Vueling Airlines will become a subsidiary of International Airlines Group (IAG) after the majority of the Barcelona-based low-cost carrier’s shareholders accepted a revised takeover bid. The Vueling board of directors on April 9 approved IAG’s buy-out offer of €9.25 ($12) a share, which it said was a “fair” price. The low-cost’s board also said that Vueling’s full integration into IAG offers significant strategic opportunities for future growth and development. “Today I can only ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Vueling Shareholders Approve IAG Takeover".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.