Iberia board to study TPG Capital offer

12th Apr 2007

The board of Iberia will meet Thursday to study a 3.41 billion euro non-binding offer from U.S. private equity firm TPG Capital LLP, El Pais reports, without citing sources. The paper says Iberia’s board will decide whether or not to allow TPG Capital access to more detailed company financial information so it can prepare a formal bid.


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