Delta Air Lines has acquired an additional 32% of Grupo Aeromexico’s outstanding shares for approximately $620 million, and now owns 36.2% of Aeromexico. Atlanta-based Delta, which already owned a 4.2% stake in Mexico City-based Aeromexico, acquired 228 million additional shares at MXN53 ($2.71) per share in the tender offer. Delta holds options to acquire another 12.8% stake in Aeromexico, so eventually it could own 49% of the carrier. Delta and Aeromexico late last year gained ...

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