British Airways owner IAG mulls Norwegian takeover bid

IAG hoping to poach low-cost rival which has revolutionised transatlantic travel

norwegian-airline.jpg
(Image credit: Chris Ratcliffe/Bloomberg via Getty Images)

Aviation giant IAG, which owns British Airways, has confirmed that it is keen to enter talks with Norwegian about a potential takeover deal.

Shares in Norwegian rose sharply today after IAG purchased a 4.6% stake in the budget airline.

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