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...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.