Delta moves to acquire additional 32% of Aeromexico for $590 million

Credit: Delta Air Lines
Delta Air Lines has moved forward with a cash tender offer to acquire up to an additional 32% of Grupo Aeromexico’s outstanding shares. Delta said it is offering MXN53 ($2.60) per share. That is higher than the tender price of MXN43.59 per share Delta had said in 2015 it planned to offer for the...

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