Entries tagged "Willie Walsh"
If the markets don't want to play along, British Airways plc captain Willie Walsh would just rather take his airline and go home. The executive this weekend said the current market caps of his company and takeover target Iberia Líneas Aéreas de España SA indicate that a merger would give Iberia just over 50% of the combined group and BA investors just under 50%. Walsh told the Financial Times on Friday, such an arrangement would be unacceptable to BA's owners and that he felt under no pressure to make the deal work. ...