Delta to increase stake in Aeromexico, could ultimately hold 49%
Credit: Rob Finlayson
Delta Air Lines has expressed its intention to increase its holding in Grupo Aeromexico to as much as 49%. Atlanta-based Delta acquired a 4.17% stake in Mexico City-based Aeromexico for $65 million in 2012. Delta said it plans to acquire up to 32% more of Aeromexico through a cash tender offer of...
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