British Airways Owner IAG Scraps Deal to Acquire Air Europa

2024-07-04T050232Z_330143369_RC2TFZ9W03LX_RTRMADP_3_EUROPE-AIRLINES-CONSOLIDATION
Aug 1 (Reuters) – British Airways owner IAG terminated its proposed takeover of Spain’s Air Europa on Thursday, citing regulatory environment concerns, less than two months after it offered remedies to antitrust regulators to secure approval for the deal.

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