The board of Norwegian Air Shuttle has rejected two separate proposals from International Airlines Group in relation to an acquisition of 100 per cent of the share capital in the airline.
The conditional proposals were reviewed in conjunction with NAS’ financial and legal advisers and were “unanimously rejected”.
Norwegian said directors had rejected the bids because they undervalued Norwegian Air Shuttle and its prospects.
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The conditional proposals were reviewed in conjunction with NAS’ financial and legal advisers and were “unanimously rejected”.
Norwegian said directors had rejected the bids because they undervalued Norwegian Air Shuttle and its prospects.
Click here to visit the Lonely Planet shop for more ebooks and print versions.
Click here to find the best hotels
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Join the Raven brothers on four epic overland adventures across the USA, Russia, Black Sea and South America!