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Aircraft and finance. IAG formalizes its offer for Vueling (2)

London, United Kingdom - 113 million Euro to purchase 54,15% of the shares of the Spanish company

Thursday 8 November 2012 the board of directors of IAG (International Airlines Group, the holding which includes British Airways and Iberia) discussed the possible acquisition of the Spanish low-cost company Vueling (AVIONEWS), and eventually decided to formalize its proposal. Through Iberia, IAG already owns 45.85% of Vueling, and the offer for the remaining 54.15% is 7 Euro per share, for overall...

AVIONEWS - World Aeronautical Press Agency - 1147130

AVIONEWS - World Aeronautical Press Agency
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