Chile's LAN Airlines LAN.SN(LFL.N) said on Wednesday it is studying a "complex" ruling that gives conditional approval for its takeover of Brazilian carrier TAM SA, and both companies will announce their view on the mitigation measures required shortly. Chile's antitrust tribunal earlier on Wednesday gave conditional approval to LAN's multibillion-dollar takeover of TAM (TAMM4.SA), paving the way for the creation of one of the world's biggest airlines. (Editing by Maureen Bavdek)
Lan Airlines SA (LAN) is a Chile-based passenger airline and air cargo operator. Shares of LFL fell by 0.04% or $-0.01/share to $26.22. In the past year, the shares have traded as low as $21.19 and as high as $32.68. On average, 423563 shares of LFL exchange hands on a given day and today's volume is recorded at 247500.
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