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BABWF - IAG: Amended Air Europa Deal Is Positive But Risks Remain
February, 08 2021 05:37 AM
International Consolidated Airlines Group SA
IAG discloses key amendments to its Air Europa acquisition. The strategic rationale still makes a lot of sense, while the financial case also looks favorable. However, the deal carries several risks, which has me concerned. With shares also having re-rated in recent months, I am neutral at current levels. For further details see:
IAG: Amended Air Europa Deal Is Positive, But Risks Remain
Stock Information
Company Name:
International Consolidated Airlines Group SA
Stock Symbol:
BABWF
Market:
OTC
Website:
iairgroup.com
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