British Airways Investigates Possible Consortium Offer for Iberia
British Airways | May 22, 2007
British Airways has joined with TPG Capital, Vista Capital de Expansion, Inversiones Ibersuizas and Quercus Equity to investigate a possible consortium offer for Iberia.
There is no guarantee that a formal bid will be made.
The airline has previously ruled out further capital investment as part of any consortium offer and will not make an independent bid for the airline.