IAG Considers Dropping Bid for TAP Air Portugal Amid Ownership Rule Concerns

IAG, the parent company of British Airways, is leaning towards abandoning its pursuit of TAP Air Portugal, having warned the Portuguese government it will only bid for the airline if majority ownership rules are relaxed.

20 Mar, 18:21 — 20 Mar, 18:21

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FTVery High15d ago

BA owner IAG threatens to walk away from bid for TAP

Group has warned Portuguese government it will only bid for airline if majority ownership rule is relaxed

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First report: FT · 20 Mar, 18:21|Full coverage: 2 · 1m|Window: 1m

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FT20 Mar, 18:21First to report

BA owner IAG threatens to walk away from bid for TAP

bloomberg20 Mar, 18:22Latest update

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IAG Considers Dropping Bid for TAP Air Portugal Amid Ownership Rule Concerns

Sources

BA owner IAG threatens to walk away from bid for TAP

Coverage Timeline

BA owner IAG threatens to walk away from bid for TAP

British Airway Parent Leans Toward Dropping TAP Air Portugal Pursuit - Bloomberg

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