Delta Air Lines has expressed its intention to increase its holding in Grupo Aeromexico to as much as 49%. Atlanta-based Delta acquired a 4.17% stake in Mexico City-based Aeromexico for $65 million in 2012. Delta said it plans to acquire up to 32% more of Aeromexico through a cash tender offer of MXP43.59 ($2.60) per share, or 52% more than the price at which Aeromexico’s shares are currently trading. Delta already holds an option to acquire an additional 8.1% stake in Aeromexico and ...

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