Norwegian Rejects Two IAG Takeover Offers

The board of Norwegian Air Shuttle (NAS) said it has rejected two offers for a full takeover by International Airlines Group (IAG) in the weeks since IAG made its initial small investment in Norwegian public on April 12. The board concluded that the offers “undervalued NAS and its prospects,”...
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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