Breakingviews | BA/Iberia

Considered view

12 Nov 2009 18:21

Last call for duty free

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The loss-making UK and Spanish airlines are close to a deal after 16 months of on-off talks. The intervening fall in BA’s shares means Iberia shareholders will now enjoy more of the value created. But both groups have their work cut out to demonstrate the scale of the synergies.

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