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Madrid, Spain · MadridTurkish Airlines has acquired a 26% stake in Air Europa in a transaction valued at €300 million, with Perez-Llorca acting as legal advisor to the Turkish carrier, and Latham & Watkins for Air Europa. The deal combines a €275 million capital increase with a €25 million purchase of shares from the Hidalgo family, which retains a 54% holding in the Spanish airline. IAG continues to hold its 20% stake, having paid €55 million for shares from the Hid…See the Story
Air Europa Repays €475M State Loan Early as Turkish Airlines Secures 26 ...
Coverage: 4 sources
