Merger with Iberia [Merger deal agreed 12 Nov]
Nov 12, 2009, 3:17 am
#1
Original Poster
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Merger with Iberia [Merger deal agreed 12 Nov]
Sky News (I know, I'm bored) reporting that the BA/Iberia merger is imminent and the HQ will be in Spain with WW as CEO.
Nov 12, 2009, 3:26 am
#2
Join Date: Apr 2005
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Read the wires which are saying the Sky News report is wrong or pre-mature
Also on:
http://uk.finance.yahoo.com/news/ba-...2dc4d9a38.html
Also on:
http://uk.finance.yahoo.com/news/ba-...2dc4d9a38.html
Nov 12, 2009, 3:28 am
#3
Join Date: Nov 2007
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http://blogs.news.sky.com/kleinman/P...9-55c56a47c2ad
What a complete non story. They're about to announce something, but maybe they're not.
What a complete non story. They're about to announce something, but maybe they're not.
Nov 12, 2009, 3:59 am
#4
Join Date: Nov 2007
Location: London
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This from FT alphaville
http://ftalphaville.ft.com/blog/2009...rger-imminent/
Then, to confuse matters further, Spain’s El Pais comes out with this at around 10am UK time on Thursday:
El consejo de administración de Iberia se reúne hoy de forma extraordinaria para decidir la fusión con British Airways, según fuentes conocedoras de la operación. A falta de cerrar algún fleco menor, en unas horas se anunciará o bien la fusión o, algo mucho más improbable, el carpetazo a la misma.
For non-Spanish speaking readers this says that Iberia’s supervisory board is meeting today to decide on a merger with BA, according to those “sources” familiar with the situation. The article goes on to say that, last minute hitches aside, the merger will be announced in a few hours - or, much less likely, the talks will be terminated.
The exchange ratio for the merger, according to El Pais, has been established at 45:55 Iberia to British Airways.
http://ftalphaville.ft.com/blog/2009...rger-imminent/
Then, to confuse matters further, Spain’s El Pais comes out with this at around 10am UK time on Thursday:
El consejo de administración de Iberia se reúne hoy de forma extraordinaria para decidir la fusión con British Airways, según fuentes conocedoras de la operación. A falta de cerrar algún fleco menor, en unas horas se anunciará o bien la fusión o, algo mucho más improbable, el carpetazo a la misma.
For non-Spanish speaking readers this says that Iberia’s supervisory board is meeting today to decide on a merger with BA, according to those “sources” familiar with the situation. The article goes on to say that, last minute hitches aside, the merger will be announced in a few hours - or, much less likely, the talks will be terminated.
The exchange ratio for the merger, according to El Pais, has been established at 45:55 Iberia to British Airways.
Nov 12, 2009, 4:30 am
#6
Join Date: Nov 2007
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This was issued by BAY.L @ 11.22
TIDMBAY
RNS Number : 4097C
British Airways PLC
12 November 2009
?
IBERIA MERGER TALKS
Further to recent market speculation, British Airways confirms that the British
Airways and Iberia Boards are holding separate meetings today, 12 November, to consider a potential transaction. However, no decisions have been taken and, at this time, there can be no guarantee that a transaction will be forthcoming. A further announcement will be made in due course, if appropriate.
This information is provided by RNS
TIDMBAY
RNS Number : 4097C
British Airways PLC
12 November 2009
?
IBERIA MERGER TALKS
Further to recent market speculation, British Airways confirms that the British
Airways and Iberia Boards are holding separate meetings today, 12 November, to consider a potential transaction. However, no decisions have been taken and, at this time, there can be no guarantee that a transaction will be forthcoming. A further announcement will be made in due course, if appropriate.
This information is provided by RNS
Nov 12, 2009, 4:50 am
#7
Join Date: Jan 2006
Location: London, Sydney
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Posts: 3,114
Read the wires which are saying the Sky News report is wrong or pre-mature
Also on:
http://uk.finance.yahoo.com/news/ba-...2dc4d9a38.html
Also on:
http://uk.finance.yahoo.com/news/ba-...2dc4d9a38.html
Nov 12, 2009, 6:57 am
#12
Join Date: Mar 2004
Location: Newcastle, UK
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Useful phrases
Some useful phrases for the future:
Las semillas? ¿Cuánto cuestan?
¿Cuál es el mejor asiento en un ATR 72?
Su tarjeta Club Ejecutivo no es válido en este vuelo.
Esto ha sido mejorado.
Su equipaje está en Madrid.
(Extra points for correcting my grammar
)
Las semillas? ¿Cuánto cuestan?
¿Cuál es el mejor asiento en un ATR 72?
Su tarjeta Club Ejecutivo no es válido en este vuelo.
Esto ha sido mejorado.
Su equipaje está en Madrid.
(Extra points for correcting my grammar
)
Nov 12, 2009, 7:30 am
#14
Join Date: Aug 2009
Location: KDFW/KDAL
Programs: BA , Hilton Honors Gold, SPG Gold, LQ Elite
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Esto será bueno saber en LAX