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November shareholder vote for BA Iberia merger

Shareholder meetings are to be held on November 29 to approve the merger between British Airways and Iberia.


The merger is expected to be completed in January 2011, subject to shareholder and court approval.


The two airlines issued documentation today for shareholders in advance of the meetings.


A registration document for International Consolidated Airlines Group (IAG), the holding company of the new combined group, was also published.


BA will become an operating subsidiary of IAG with chief financial officer Keith Williams assuming the role of CEO from Willie Walsh, who will head the holding company.


Martin Broughton will continue as chairman of BA as part of a new-look board of directors.

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