Modification settlement for the purchase of Air Europa

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Global Airways Staff (IAG) and Globalia lately announce that they’ve amended the unique settlement introduced on 4 November 2019 underneath which IAG's subsidiary, Iberia, has agreed to procure all the issued proportion capital of Air Europa. Underneath the phrases of the Modification Settlement, the events have agreed that the volume to be paid through Iberia for Air Europa shall be diminished from an fairness price of one billion euros to 500 million euros with cost deferred till the 6th anniversary

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