Lufthansa, US private equity fund request information on Iberia - report |
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Published
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Thu, 22 Mar 2007 08:43
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MADRID (AFX) - Deutsche Lufthansa and a US private equity fund have requested information on Iberia Lineas Aereas de Espana SA, El Pais reported, citing unnamed sector sources.Yesterday, the Spanish flag carrier said its board authorised chairman Fernando Conte in February to provide information to potential investors interested in participating in the company.Separately, elConfidencial.com cited unnamed financial sources as saying that Texas Pacific Group, which owns Qantas, is looking for a Spanish financial partner to back a move on Iberia.The airline said yesterday that it is currently not considering any tie-up proposal, nor has it received an approach or become involved in an agreement with any third parties.The comments were in response to rumours that Lufthansa was mulling a 3.90 eur per share offer for 9 pct of Iberia, in a move which could herald a full takeover bid.tfn.europemadrid@thomson.comcl/jr/jdy/ccs/sljCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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Iberia denies talks with Lufthansa, Lufthansa declines comment UPDATE 