Iberia's board yesterday said it would agree to "make the delivery of all the information requested" by the consortium led by US investment group TPG Capital and British Airways available, as long as a "formal and binding offer" resulted. IB brought forward a meeting originally scheduled for July 26 to discuss the €3.60 ($4.95)-per-share proposal from the group (ATWOnline, July 9), which also includes Inversiones Ibersuizas, Quercus Equity and Vista Capital de Expansion. It reportedly ...

Subscribe to Access this Entire Article

"Iberia agrees to negotiate with TPG/BA consortium" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.