Exclusive: EU regulators have not sought feedback on IAG's Air Europa deal, sources say [Reuters]
INTL CONSL AIRLNS S/ADR (ICAGY)
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Source: Reuters
submitted by British Airways owner IAG (ICAG.L) , opens new tab for its deal to acquire Air Europa, indicating that these are insufficient to address regulatory concerns, people with direct knowledge of the matter said. The European Commission, which acts as the EU's competition enforcer, is due to issue a statement of objections to IAG around the end of April, setting out specific concerns that could lead to a veto of the deal if not addressed, the sources said. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here. Reporting by Foo Yun Chee Editing by David Goodman Our Standards: The Thomson Reuters Trust Principles. , opens new tab
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News
- La Comisión envía un pliego de cargos sobre la propuesta de adquisición de Air Europa por IAGPR Web
- EU antitrust regulators warn IAG, Air Europa deal may reduce competition [Reuters]Reuters
- EU antitrust regulators warn IAG, Air Europa deal may reduce competition [Reuters]Reuters
- Lufthansa offers concessions to gain EU nod on ITA takeover [Yahoo! Finance]Yahoo! Finance
- British Airways-owner IAG mulls dividend payout this year, Bloomberg News reports [Reuters]Reuters