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| TIDM | IAG |
| Share Price | Loading... |
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| Date | 15 Dec 2021 |
| Time | 07:15:21 |
| Category | Acquisitions and alliances |
| ID | 7178V |
IAG and Globalia confirm discussions to terminate Air Europa's acquisition agreement
International Airlines Group ("IAG") and Globalia today confirm that discussions are at an advanced stage to terminate the agreement signed on 4 November 2019 and amended on 20 January 2021, under which IAG's subsidiary, Iberia, had agreed to acquire the entire issued share capital of Air Europa (the "Acquisition"). A further update will be made in the future, as appropriate.
Stephen Gunning
Chief Financial Officer
15 December 2021
LEI: 959800TZHQRUSH1ESL13
This announcement contains inside information and is disclosed in accordance with the Company's obligations under the Market Abuse Regulation