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 ...
Aviation Week13d
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 ...
Azul Shares Trade Higher On Heels Of Abra Deal, Analyst Upgrade
Seaport Research Partners analyst Daniel McKenzie upgraded Azul from Neutral to Buy and announced a price forecast of $5.00.
AviationPros13d
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 ...
Azul, Abra sign MoU to open talks for merger process, Bloomberg reports
Brazil’s Azul (AZUL) and Abra Group, the principal shareholder for rival Gol Linhas (GOL), have reached an agreement to work toward a merger, ...
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.
Yahoo Finance13d
Azul, Abra Open Talks to Merge as Brazil’s Biggest Airline
Executives from Azul and Abra Group — Gol’s largest shareholder — signed a non-binding memorandum of understanding on Wednesday, opening talks for a merger process. If the companies can ...
Nasdaq13d
Azul and Abra sign non-binding MoU with intent to combine their businesses in Brazil
The closing of the transaction is subject to Abra and Azul agreeing on economic terms of the transaction, the satisfactory completion of due diligence, entering into definitive agreements ...