3-Feb-2010 10:24 AM

AVIANCA and TACA officially close their shareholders agreement

AVIANCA and TACA have officially closed (02-Feb-2010) a shareholder agreement to create a strategic integration joint venture. This agreement allows the shareholders to contribute their investments in AVIANCA and Grupo TACA into a new company which will be named “AVIANCA-TACA Limited” domiciled in Bahamas, in which Synergy Aerospace Corp will own 67%. and Kingsland Holding Limited, 33%. [more]