TPG Group gets restricted access to Iberia's books
Article Abstract:
The board of directors of Spanish airline Iberia Lineas Aereas de Espana S.A. has given US private equity company TPG restricted access to its books after TPG offered a preliminary bid of $4.69 bil for the airline. Iberia officials said full access and due diligence would be granted once TPG makes a binding offer.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Iberia's plans may signal shift: midsize air carriers in Europe feel squeezed; finding a "big friend"
Article Abstract:
Spanish carrier Iberia Lineas Aereas de Espana S.A. will seek investors as the airline industry grows increasingly competitive. Other airlines are expected to look for financial partnerships as well in order to expand or maintain their market position.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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