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Iberia, British Airways enters in the concert party

London, United Kingdom - Although last-year low profits

There is the chance that British Airways enters in the concert party to buy Iberia. According to an English carrier's note it could join Tpg Capital, Vista Capital, Inversione Ibersuizas and Quercus Equity to buy Spanish company in the cartel leaded by Texas Pacific Group's investment fund. It's supportable a formal offer even if a British Airways' official guarantee does not exist since now. During...

AVIONEWS - World Aeronautical Press Agency - 1074227
Rome, Italy, 05/22/2007 17:01
AVIONEWS - World Aeronautical Press Agency

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