The Rio Times Gol’s Exit From Brazil’s Stock Market, In Plain Terms—And What It Signals Next
Gol Linhas Aéreas plans to leave São Paulo’s B3. The airline will fold its listed holding company and a finance vehicle into its operating arm, Gol Linhas Aéreas (GLA). Shareholders vote on November 4. If approved, each common share becomes one GLA common share; each preferred share becomes 35 GLA common shares. After a mandatory […]