Takeovers 

IAG mulls rights issue

IAG mulls rights issue

International Consolidated Airlines Group (IAG) is weighing up a €2.75bn (£2.5bn) rights issue to shore up its balance sheet. The British Airways owner has been hit hard by the Covid-19 pandemic, posting a €535m adjusted operating loss in the first three months of 2020.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now