Iberia will not be required to launch a full bid for Vueling Airlines following its merger with Clickair, Spanish stock market regulator CNMV ruled. Iberia will own 45.9% of the merged entity, exceeding the 30% threshold that normally triggers the obligation to make a full bid under domestic regulations. Completion of the two competitors' merger is expected in mid-July (ATWOnline, June 29).
Subscribe to Access this Entire Article
"Other News - 06/29/2009" 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.