Iberia confirms discussing BA merger terms
MADRID |
MADRID Nov 12 (Reuters) - Spanish airline Iberia IBLA.MC confirmed on Thursday that its board is discussing a merger with British Airways BAY.L that would give the Spanish firm about 45 percent of the new company and BA about 55 percent.
"No decision has been taken and there are no guarantees that a deal will be reached," Iberia said in a statement.
For more information, click on [nLC092017]
(Reporting by Tracy Rucinski; Editing by Elisabeth O'Leary)
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