Latam Airlines Shares Up 44% on Delta Partnership
27 Septiembre 2019 - 6:13AM
Noticias Dow Jones
By Chris Wack
Latam Airlines Group SA (LTM) shares rose 44% to $13 premarket
after entering a strategic partnership with Delta Air Lines Inc.
(DAL).
Delta is buying a 20% stake in Latam Airlines and investing $350
million in the Chilean airline.
Latam said the deal will reduce its forecasted debt by more than
$2 billion by 2025. Delta expects the deal to be accretive to
per-share earnings over the next two years.
Write to Chris Wack at chris.wack@wsj.com
(END) Dow Jones Newswires
September 27, 2019 06:58 ET (10:58 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Latam Airlines (NYSE:LTM)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Latam Airlines (NYSE:LTM)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025
