STOCKS NEWS UK-BA up on 'imminent' Iberia merger report

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08:23GMT 12Nov2009-BA up on 'imminent' Iberia merger report

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Shares in British Airways (BAY.L) rise 2 percent in early trade after Britain's Sky News reports that BA and Spanish airline Iberia (IBLA.MC) could announce a merger agreement as early as this week, citing unidentified sources.

The report says the two airlines have resolved sticking points including who would run the combined company.