Iberia last week confirmed that it was contacted by a consortium led by TPG Capital, recently joined by British Airways (ATWOnline, May 23), investigating a formal offer for the Spanish carrier. Members of the consortium, which also includes investment fund Vista Capital and private equity firms Ibersuizas and Quercus Equity, "have shown interest in analyzing the information requested formerly by TPG as soon as possible," IB said, adding that the board decided "to study deeply the proposal ...

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