Vueling board gives thumbs up to new IAG offer

Credit: By Rob Finlayson
Barcelona-based low-cost carrier Vueling has unanimously recommended that shareholders accept an improved takeover offer of €9.25 ($12.10) per share from International Airlines Group (IAG). IAG, which already owns 45.85% of Vueling as well as British Airways and Iberia, last month raised its bid by...

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