Abra Group and Azul Sign Non-Binding MoU with the Intent to Combine Businesses in Brazil
Abra Group (the majority investor of Gol and Avianca) and Azul signed a non-binding Memorandum of Understanding (MoU) today with the intent to explore a combination of their
Azul and Gol exploring potential business combination
Abra Group and Brazilian carrier Azul have entered a memorandum of understanding to explore a combination that would create Brazil's largest airline via a tie-up with Gol.
Abra And Azul Make The First Move To Build A Fortress In Brazil
Abra—which also controls Colombia’s flag carrier Avianca—and Azul concluded the two Brazilian airlines have 90% complimentary and non-overlapping routes. Last year, amid reports that Azul was interested in merging with its rival GOL, the airlines launched a domestic codeshare.
Brazil’s Azul signs preliminary deal to explore merger with Gol
Investing.com-- Brazilian airline Azul SA (NYSE: AZUL) and Abra- the majority investor in its rival Gol, said they had signed a non-binding agreement on Wednesday to explore the combination of their businesses in Brazil.
Azul and Abra sign non-binding MoU to combine businesses in BrAZIL
Azul (AZUL) and Abra, the majority investor of Gol and Avianca, have signed a non-binding Memorandum of Understanding, or MoU, with the intent
Azul, Abra in Non-Binding MoU to Combine Brazilian Businesses
Azul and Abra, the majority investors of airlines Gol and Avianca, on Wednesday said they signed a non-binding Memorandum of Understanding to combine their businesses in Brazil.
Azul and Abra to combine their businesses in Brazil
Azul (NYSE:AZUL) and Abra, the majority investor of Gol and Avianca, signed an agreement to combine their businesses in Brazil. The purpose of the business combination is to promote growth in the Brazilian aviation industry,
Azul, Gol inch closer to potential tie-up to form major Brazil airline
Azul and Gol, two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant ...
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