Morgan Stanley, UBS advise Iberia and BA

Tue Jul 29, 2008 1:00pm BST
 
Email | Print | | Single Page
[-] Text [+]

LONDON (Reuters) - Morgan Stanley and UBS AG are advising Iberia and British Airways, respectively, on the two airlines' talks about a merger, a banking source close to the deal said on Tuesday.

British Airways said on Tuesday it is in talks with Spanish carrier Iberia about a potential all-share merger. BA said the discussions had the support of both companies, although it expected it would take several months before terms could be agreed.

(Editing by Paul Bolding)

 
Zhu Zhu pet
Can I have one for Christmas?

The hottest toy in the U.S. this Christmas is an interactive hamster. It does not come from one of the major toy brands or from a movie but a small, seven-year-old company from Missouri.  Full Coverage 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives

Most Popular Business News on Reuters UK

  • Articles
  • Videos