(Reuters) - Delta Air Lines will receive 20% of new shares of Aeromexico under the Mexican carrier’s Chapter 11 bankruptcy restructuring plan, according to a U.S. court document filed late on Friday.
“Delta shall receive 20.0% of all new shares issued under the Chapter 11 plan,” the document said. “(Which shall represent 20.0% of the capital stock of reorganized gruop on the effective date (subject to the specified dilution),” it added.
Reporting by Jonathan Stempel, writing by Laura Gottesdiener
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