WestJet: Delta Air Lines and Korean Air buy 25%

Delta Air Lines and Korean Air announced that they will acquire independent shares that total 25% in WestJet for US$ 550 million. Specifically, the US will invest US$ 330 million in exchange for 15% of the property, and the Korean will contribute US$ 220 million in exchange for 10%. Subsequently, Delta would sell 2.3% of its shares to [...]