Norwegian open to 'consolidation' talks after IAG exit
Norwegian remains willing to "engage in consolidation discussions" after IAG's recent confirmation it will not bid again for the carrier, but says no such talks are currently ongoing. The carrier says that while a planned US$353m share issue will increase its "competitiveness and stand-alone financial strength, its board remains open to discussion that can "develop shareholder value in Norwegian". Following IAG’s acquisition of what was then a 4.6% stake in the airline in April 2018, Norwegian said it received approaches from "several parties" who expressed an interest for "structural transactions", financing the carrier and in various forms of "operational and financial cooperation", It says discussions with such parties have been ongoing on "several levels and with different approaches". <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-01-31/unaligned/norwegian-open-to-consolidation-talks-after-iag-exit
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Norwegian open to 'consolidation' talks after IAG exit
Norwegian remains willing to "engage in consolidation discussions" after IAG's recent confirmation it will not bid again for the carrier, but says no such talks are currently ongoing. The carrier says that while a planned US$353m share issue will increase its "competitiveness and stand-alone financial strength, its board remains open to discussion that can "develop shareholder value in Norwegian". Following IAG’s acquisition of what was then a 4.6% stake in the airline in April 2018, Norwegian said it received approaches from "several parties" who expressed an interest for "structural transactions", financing the carrier and in various forms of "operational and financial cooperation", It says discussions with such parties have been ongoing on "several levels and with different approaches". <br/>
