The Spanish government has no intention of keeping its 5.2% stake in Iberia Lineas Aereas de Espana SA (IBLA.MC) and will put it up for sale once the merger between the Spanish airline and British Airways PLC (BAIRY) is completed, reports Gaceta de los Negocios in its Tuesday Internet edition, without citing any sources.

State-owned holding company SEPI is Iberia's third largest shareholder following Caja Madrid, with a 23% stake and British Airways with a 13% holding.

Merger talks between Iberia and British Airways have recently made progress since the change in leadership within Iberia.

Newspaper Web site: www.negocios.com

-Dow Jones Newswires, enza.tedesco@dowjones.com

 
 
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