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AVIANCATACA LAUNCHES $250 MILLION IPO

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AVIANCATACA LAUNCHES $250 MILLION IPO

Columbia’s largest airline by market share, AviancaTaca, has launched an initial public offering for about $250 million. The offering represents 11.1% of the company. The proceeds will be used to help fund expansion of the airline that controls Colombian flagship airline Avianca as well as El Salv...

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