Azul S.A. (BOVESPA:AZUL4)'s pursuit of a merger with Gol Linhas Aéreas Inteligentes S.A. (BOVESPA:GOLL4) has gained momentum, with talks underway for a deal with the controlling shareholder of the rival Brazilian airline, according to people familiar with the matter. In one scenario under consideration, holding company Abra Group Ltd. would contribute its Gol shares to Azul in exchange for a stake in the combined airline, one of the people said, asking not to be identified because discussions are still private. That type of transaction could appeal to Azul because it wouldn't have to commit much cash, if any, another person said.
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
8.99 BRL | -11.25% |
|
-2.07% | -43.85% |
05-29 | Azul, GOL See No Antitrust Hurdles in Brazil Over Codeshare Agreement | MT |
05-29 | Global markets live: BHP, Anglo American, Lenovo, Nvidia, Apple... | ![]() |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
8.99 BRL | -11.25% | -2.07% | 592M | ||
1.06 BRL | -22.63% | -0.93% | 84.74M | ||
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-43.85% | 592M | |
+23.12% | 31.44B | |
-11.90% | 20.31B | |
+43.93% | 19.73B | |
+2.59% | 17.73B | |
+22.13% | 16.34B | |
-22.87% | 14.31B | |
+36.37% | 13.15B | |
-7.25% | 12.57B | |
+2.32% | 10.72B |
- Stock Market
- Equities
- AZUL4 Stock
- News Azul S.A.
- Azul Reportedly is in Talks with Gol Shareholder for Stock-Based Deal