This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEIB60FN_L.jpg
The merger has a pro-forma enterprise value of $676 million, and has been approved by the boards of both the companies, MNG said in a statement.
The deal is expected to close in the first half of 2023.
Golden Acquisition Corp, which went public in 2020, is headed by Chief Executive Officer Makram Azar, a former Barclays (LON:BARC) banker, and counts Xavier Rolet, a former London Stock Exchange CEO, as an independent director.
Istanbul-based MNG Airlines started operations in 1996, and serves corporate customers across 41 countries with more than 3,500 flights per year.
