IAG says studying Vueling takeover

MADRID Wed Nov 7, 2012 2:19pm EST

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MADRID Nov 7 (Reuters) - The International Airlines Group said on Wednesday it was studying the possibility of launching a full takeover bid of Spanish low-cost airline Vueling.

In a statement to the Spanish stock market regulator, IAG - which was formed by the merger of Spain's Iberia and British Airways - said it has not yet discussed specific terms or price of a possible deal.

Iberia owns 45.85 percent of Vueling.