Credit: Sam Pollitt / Alamy Stock Photo
Three months after terminating its takeover agreement for Air Europa, International Airlines Group (IAG) has provided a convertible loan to the Spanish carrier’s owner Globalia which gives the London-based group the option of buying up to 20% of Air Europa’s equity. Under the agreement, IAG—which...
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IAG Back At The Table For Exclusive Air Europa Takeover Talks is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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