Mergers & Acquisitions Mergers & Acquisitions

IAG has met regulatory conditions to take Air Europa stake, company says

By Andrew Boyce
  • 16 Aug 2022 16:44
  • 16 Aug 2022 16:44
International Airlines Group has satisfied all regulatory conditions to take a minority stake in rival Air Europa, according to the company.

IAG said today that it had taken a 20 percent stake in Air Europa through converting a 100 million-euro ($102 million) loan into equity (see here).

Last December, IAG abandoned plans to take

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Andrew Boyce

Correspondent


Andrew is a reporter covering merger reviews and competition policy for MLex in Brussels. He joined MLex in 2015 and holds a degree and a master’s degree in history from the University of Liverpool.

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