IAG to buy Vueling for 113m euros

International Consolidated Airlines Group (IAG) is making a cash tender offer to buy 100 per cent of the share Vueling, the Spanish low-cost airline based in Barcelona.

International Consolidated Airlines Group (IAG) is making a cash tender offer to buy 100 per cent of the share Vueling, the Spanish low-cost airline based in Barcelona.

The offer will be launched exclusively on the Spanish stock markets and Veloz Holdco SLU has been created as an IAG subsidiary for this transaction.

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