Merged BA-Iberia takes off
A multi-billion-euro merger between British Airways (BABWF.PK – news) and Iberia (Madrid: IBLA.MC – news) of Spain, creating Europe (news) ‘s second biggest airline, was completed on Friday, the two companies announced.
“The merger has now become effective,” a statement said as shares in the new company, International Airline Group (IAG), prepare to trade for the first time on Monday.
Shareholders of BA and Iberia voted in November (Berlin: NBXB.BE – news) to approve the [...]


