Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
IAG in preparations for third bid Norwegian
May 22, 2018

According to Spanish newspaper Expansion, AIG is preparing a third bid on Norwegian after having the recent two bids rejected. The new offer will be approx. NOK 330 per share, which equals to a valuation of Norwegian at NOK 12.3bn. The Norwegian stocks closed at NOK 250 on Friday. Last week, IAG boss Willie Walsh told Reuters that he did not look at Norwegian as a company he 'must' buy, but with expressed interest.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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