IAG joins fray for all or part of Air Berlin
Deutsche Lufthansa AG
€6.17
19:04 01/11/24
-2.96%
-€0.19
IAG has joined the fray for all or part of bankrupt German peer Air Berlin, two people familiar with the matter told Reuters.
Air Berlin Plc
0.00p
12:50 02/10/24
0.00%
0.00p
FTSE 100
8,177.15
16:39 01/11/24
n/a
n/a
FTSE 350
4,508.38
17:14 01/11/24
n/a
n/a
FTSE All-Share
4,465.61
16:54 01/11/24
n/a
n/a
International Consolidated Airlines Group SA (CDI)
213.10p
16:40 01/11/24
1.04%
2.20p
Travel & Leisure
8,153.56
17:14 01/11/24
0.52%
42.39
Xetra DAX
19,254.97
19:05 01/11/24
0.93%
177.43
The owner of British Airways was reportedly up against that country's flag carrier Lufthansa and other parties, with the deadline for submitting bids having lapsed on 18 September.
IAG confirmed the veracity of the report to Digital Look.
-- More to follow --