Iberia's Withdrawal From AR Reveals Behind The Scenes Maneuvers

Following this week's announcement in Madrid that Iberia would not participate in the $650 million recapitalization of Aerolineas Argentinas, analysts in Buenos Aires revealed a rift between Iberia and SEPI, which owns 53.84% of Iberia. Analysts said SEPI wanted all along for Iberia to participate...

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