BA Iberia merger gets approval from shareholders

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White Cap
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BA Iberia merger gets approval from shareholders

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Source:- BBC news

BA Iberia merger gets approval from shareholders

Shareholders of both British Airways and Spain's national carrier Iberia have approved the merger between the two companies.

The tie-up, agreed in April, will create Europe's second-largest carrier after Air France-KLM, with a market value of around £4.5bn ($7.5 billion; 5.3bn euros).

The new company will be called International Airlines Group.

The separate BA and Iberia brands will continue to operate as normal.
' Fiat Justita'