Headlines
Turkish Airlines says Spain's Air Europa accepts its offer to buy a minority stake
Turkish Airlines says Spain's Air Europa accepts its offer to buy a minority stake
Published by Global Banking and Finance Review
Posted on August 19, 2025
Published by Global Banking and Finance Review
Posted on August 19, 2025
ANKARA (Reuters) -Turkish Airlines said on Tuesday that its binding offer for the acquisition of a minority stake in Spanish airline Air Europa has been accepted.
In a statement to the Public Disclosure Platform, Turkish Airlines said the transaction involves an investment of 300 million euros ($349.38 million).
($1 = 0.8587 euros)
(Reporting by Ceyda Caglayan, Writing by Huseyin Hayatsever; Editing by Leslie Adler)
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