IAG shows interest in Norwegian

[Anmer]

British Airways owner IAG has now issued a statement saying it considers Norwegian to be an "attractive investment" and has acquired a 4.61% stake in the airline.

It said: "The minority investment is intended to establish a position from which to initiate discussions with Norwegian, including the possibility of a full offer for Norwegian.

"IAG confirms that no such discussions have taken place to date, that it has taken no decision to make an offer at this time and that there is no certainty that any such decision will be made.

"A further announcement will be made if appropriate."

http://www.bbc.co.uk/news/live/business-43670632

[Triple7]

Norwegian shares up 46%!

https://www.google.co.uk/search?q=FRA:NWC&tbm=fin#scso=uid_9zvPWvPbDqPmgAbWs5_ACA_5:0

Tim