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Latam: the Chilean carrier will buy the Brazilian shares

Process of rationalization possible after the change to the law on foreign ownership

The Chilean subsidiary of the Latam Airlines Group has asked to the Brazilian antitrust an opinion to permit the closing of the operation that will allow it to increase the shares of Latam Brazil to 51%. It seems obvious that a positive opinion will come because the acquisition came after the former president Michel Temer signed the executive order that allows foreign investors to hold 100% of Brazilian...

M/A - 1218977
Brasília, Brazil, 02/19/2019 16:16
AVIONEWS - World Aeronautical Press Agency

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