Monday, September 06, 2010

Odds for next BA merger victim

These odds come from the Irish bookmaker Paddy Power.

9/4 • LAN Airlines (Chile)

11/4 • Cathay Pacific

10/3 • Japan Airlines

7/2 • Finnair

5/1 • American Airlines

5/1 • Qantas

12/1 • Mexicana

IMO: We have had attempted mergers like this many times in the past in other fields - Slater Walker and Ling-Temco-Vought being possibly typical cases. The sort of results which might be expected are as for that of the RBOS purchase of Barings, and 10% of Bank of China. 'Nuff said.

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