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Gol seeks Smiles buyout

Victoria Tozer-Pennington
By Victoria Tozer-Pennington Dec 10, 2019 1 mins read
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Gol seeks Smiles buyout

Brazil’s largest domestic airline Gol Linhas Aereas Inteligentes (GOL) has offered to buy out the minority shareholders in its loyalty program Smiles Fidelidade (Smiles). Shares in both companies rose sharply on the news.  Gol is offering stock and cash for Smiles. It says the move will ensure...

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