Delta Announces Intention to Acquire Additional Shares of Grupo Aeromexico
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Delta Air Lines (DAL) Will Take Additional 32% Stake in Grupo Aeromexico
November 18, 2015 4:35 PM ESTDelta Air Lines (NYSE: DAL) announced that it intends to acquire up to an additional 32 percent of the outstanding capital stock of Grupo Aeromexico S.A.B. de C.V. through a cash tender offer for MXP$43.59 per share. This investment will strengthen the airlines' partnership, provide more travel options for customers in the U.S. and Mexico and deliver the industry's best customer experience.
Currently, Delta owns approximately 4.1 percent of the outstanding... More
