22-Sep-2011 10:46 AM

GOL receives ANAC approval for Webjet acquisition

GOL Linhas Aéreas Inteligentes received (21-Sep-2011) approval from the National Civil Aviation Agency to conclude the acquisition of Webjet Linhas Aéreas S A by GOL, through its subsidiary VRG Linhas Aéreas S A, in accordance with the MoU signed on 08-Jul-2011. The two companies are still operating as two distinct entities. The next step will be the Administrative Council for Economic Defense's (CADE) approval. [more - original PR]