BA share fall threatens Iberia talks

The steep fall in the British Airways share price in the past three months is threatening to undermine merger negotiations with Iberia, the Spanish flag carrier. BA shares have fallen much more rapidly than Iberia's since the merger talks were started at the end of July, and the decline is jeopardising the share exchange ratio projected at the outset in the planned all-share deal.

ESO: Background information: BA and Iberia in talks on merger http://www.europeansources.info/record/ba-and-iberia-in-talks-on-merger/

---