International Airlines Group confirms discussions to terminate Air Europa acquisition

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International Consolidated Airlines Group S.A. (LON:IAG) and Globalia have confirmed that discussions are at an advanced stage to terminate the agreement signed on 4 November 2019 and amended on 20 January 2021, under which IAG’s subsidiary, Iberia, had agreed to acquire the entire issued share capital of Air Europa. A further update will be made in the future, as appropriate.

International Consolidated Airlines Group S.A., usually shortened to IAG, is an Anglo-Spanish multinational airline holding company with its registered office in Madrid, Spain, and its global headquarters in London, England

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