Posts tagged: IAG
Monday, 31 October 2022, 6:10 am
Tucked away in the middle of today's The Times business section is a rather intriguing piece by Rob Lea of The Times that suggests FTSE 250-listed buget airline easyJet may soon become a bid target.
The piece starts off with the suggestion that IAG, owner of British Airways and Iberia, is keen on carrying out further consolidation of the European airline sector and that TAP, the Portuguese flag carrier, could be its next target...
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Sunday, 14 November 2021, 3:12 pm
There were quite a few articles that caught Betaville's in the Sunday newspaper business sections this week.
Indeed, one of the most interesting pieces was an on the record, set piece interview by Jim "Armo" Armitage, The Sunday Times business editor, with Nick Read, chief executive of Vodafone...
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Thursday, 12 November 2020, 6:27 pm
Scribblers at Goldman Sachs managed to generate some decent publicity for themselves yesterday by talking up (or is it puffing up) British Airways owner International Consolidated Airlines Group.
As a result, the shares flew (no pun intended) and some market reporters, such as Tom Howard of The Times, led their reports with the broker's bullish predictions about IAG's prospects...
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Friday, 31 July 2020, 8:01 am
I guess I can now strike IAG off the "cash calls - who is next?" list after it formally launched its near EURO 3 billion rights issue this morning. Below is the link to this morning's announcement:
https://www.investegate.co.uk/intl-con-airline-grp--iag-/rns/iag-proposed-capital-increase/202007310700107347U/..
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Saturday, 25 July 2020, 8:26 am
IAG, the owner of British Airways, has now finally confirmed it IS weighing an equity capital raising. Below is the link to yesterday's statement:
https://investing.thisismoney.co.uk/news/article/id/7018001/..
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Wednesday, 24 June 2020, 10:59 pm
So, it looks like Betaville will have to remove easyJet from the "cash calls - who is next?" list after the low cost airline announced an emergency placing to raise up to £450 million this evening...
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Tuesday, 5 May 2020, 4:33 pm
Citigroup is today telling clients easyJet will have to launch a major cash call to raise between £700 million and a £1 billion.
Mark Manduca - airlines analyst at Citigroup, and son of City grandee and Prudential chairman Paul Manduca - reckons there is now a "high" probability the budget airline will have to carry out a rights issue in the coming weeks or months...
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Wednesday, 29 April 2020, 7:10 am
There is talk circulating the London market that one of Britain's biggest companies is set to launch a large cash call.
Reliable people familiar with the matter said the mystery company, thought to be in the FTSE 100 index, said the equity capital fundraising could be imminent.
However, it's not clear which blue chip company is going to kick off the rights issue or placing. If you think you have an idea, do get in touch via the usual channels, such as [email protected]...
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Tuesday, 28 April 2020, 7:47 am
Sir Stelios is WILLING to back a cash call at easyJet IF the airline cancels the £4.5 billion Airbus order, and throws out its chairman and chief executive.
I just needed to clear that point up following last week's Betaville piece, which suggested Sir Stelios might not be happy about a potential equity capital raising at easyJet...
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Tuesday, 21 April 2020, 7:38 pm
It appears Betaville isn't the only City watcher thinking the likes of International Consolidated Airlines Group is weighing an equity capital raising.
Word reaches me that Mark Manduca, a scribbler at Citigroup, has written a note to clients saying: "we cannot wholly rule out an equity capital raise at either IAG or easyJet."..
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