Norwegian rejects two IAG offers for full takeover

Credit: Norwegian
The board of Norwegian Air Shuttle (NAS) has rejected two offers for a full takeover by International Airlines Group (IAG) since the group made public its initial small investment. The board concluded the offers “undervalued NAS and its prospects,” Norwegian said in a statement on May 4. It “remains...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

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