Latam Airlines Nears Chapter 11 Deal With Creditors Amid Rival’s Merger Push

latam airlines nears chapter 11 deal with creditors amid rivals merger push

Sumary of Latam Airlines Nears Chapter 11 Deal With Creditors Amid Rival’s Merger Push:

  • Latam Airlines Group SA is close to launching a chapter 11 exit strategy backed by some unsecured creditors as it vies to fend off a competitor’s efforts to build support for a proposed business combination, people familiar with the matter said.

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