Caja Madrid plans to foil BA bid for Iberia / TPG-BA abandon Iberia bid

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Series Details 26.11.07
Publication Date 26/11/2007
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Article reports that Caja Madrid, the Spanish savings bank, was expected to become the biggest shareholder in Iberia, November 2007, frustrating plans by a consortium led by British Airways and private equity firm TPG to present a €3.4bn ($5bn) takeover offer to the Spanish flag-carrier.
Related Links
BBC News, 26.11.07: BA pulls out of Iberia takeover http://news.bbc.co.uk/1/hi/business/7113448.stm
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