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Non-Tech : The Brazil Board
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To: THE ANT who wrote (1953)9/27/2019 2:55:50 PM
From: elmatador  Read Replies (1) of 2504
 
Delta bought a 20% stake in LATAM for $1.9 billion, creating a major new partnership and ending the Chilean carrier’s ties with American Airlines, which has long been the leading U.S. carrier in the region.

Shares of LATAM gained over 30%, thrusting Chile’s SPIPSA index over 2% higher and lifting MSCI’s index of Latin American stocks.

cnbc.com
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