News: Shareholders approve BA merger deal
http://feedproxy.google.com/~r/breakingtravelnews/~3/SmA7uR4fbsQ/shareholders-approve-ba-merger-deal
Shareholders in British Airways have voted to approve a proposed merger with Spanish flag-carrier Iberia.
The deal – initially agreed in November 2009 – will see the two carriers merge to form a new company entitled International Airlines Group (IAG). The move will create Europe’s second-largest carrier – behind Air France-KLM - with a market value of around £4.5bn.
No comments:
Post a Comment