(Reuters) - After its meeting in Madrid on Thursday, the board is
expected to ask the bidders for a more detailed "industrial
plan," at the same time that it's expected to continue to deny
access to its books, the source said.
Some of Iberia's core shareholders, which include Caja
Madrid, El Corte Ingles and Logista , are willing to
wait for other offers that could surpass TPG and BA's 3.4
billion euro -indicative bid, the source said.
Read more at Reuters.com Mergers News
expected to ask the bidders for a more detailed "industrial
plan," at the same time that it's expected to continue to deny
access to its books, the source said.
Some of Iberia's core shareholders, which include Caja
Madrid, El Corte Ingles and Logista , are willing to
wait for other offers that could surpass TPG and BA's 3.4
billion euro -indicative bid, the source said.
Read more at Reuters.com Mergers News
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