Iberia says BA merger talks continue, no decision

MADRID, Nov 12 (Reuters) - Spain's Iberia (IBLA.MC) said the boards of British Airways (BAY.L) and Iberia were each holding separate meetings today to consider a potential transaction but no decision had been taken.

"There are no guarantees that the transaction will take place," Iberia said in a statement. (Reporting by Elisabeth O'Leary; Editing by Greg Mahlich)