Brazil’s Gol Advances on Speculation Lan May Make Bid for Stake
JUSTIÇA DE SÃO PAULO DETERMINA QUE O MUNICIPIO AUTORIZE A EXPEDIÇÃO DE NOTAS FISCAIS ELETRÔNICAS.
9 de fevereiro de 2024
Por que Rússia deve crescer mais do que todos os países desenvolvidos, apesar de guerra e sanções, segundo o FMI
18 de abril de 2024Gol Linhas Aereas Inteligentes SA (GOLL4), Brazil’s biggest airline by market share, rose the most in a month on speculation Lan Airlines SA (LAN) may bid for a stake in the company.
Gol jumped 3.2 percent to 20.14 reais at the close of Sao Paulo trading at 4:15 p.m., the biggest gain since April 20.
Lan may seek a deal with Gol should its takeover of Tam SA (TAMM4) fail, Santiago-based newspaper El Mercurio reported, citing an interview with Ignacio Cueto, the Chilean airline’s chief executive officer.
The report “was enough to boost the shares,” Gilberto Coelho, an analyst for brokerage XP Investimentos, said in a phone interview.
Chile’s antitrust tribunal said in January it’s reviewing Lan’s $3.9 billion takeover bid for Tam after a request from a consumer group.
Lan’s press office didn’t respond to an e-mail from Bloomberg News seeking comment. An official with an external public relations firm that represents Gol declined to comment.
Tam’s shares slid 0.4 percent to 34.51 reais in Sao Paulo. Lan fell 0.3 percent in Santiago.
