Air France KLM eyes Spanish airline Iberia

(Reuters) - Spanish publication El Economista and the Financial Times earlier said Air France KLM could team up with private equity company Apax in a consortium that could bid 3.8 billion euros for Iberia.




Apax was not immediately available to comment.


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British Airways to be patient on Iberia -CEO

(Reuters) - offer, its chief executive said on Thursday. British Airways is part of a consortium led by private equity firm Texas Pacific Group [TPG.UL] that has bid 3.60 euros a share for Iberia.



The offer is expected to be rejected by Iberia's board at a meeting on Thursday in the hopes of receiving a rival bid, according to a source familiar with the situation.


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