Monday, April 23, 2007

BA says approaches private equity firms on Iberia

(Reuters) - Texas Pacific Group has made a 3.4 billion-euro indicative bid for Iberia and sources close to the situation say fellow private equity firm Apax Partners is also eyeing a deal.

BA is considering teaming up with TPG, Apax, or working with a Spanish private equity firm, a source familiar with the matter told Reuters.


Read more at Reuters.com Business News

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