Talks Fly Off Course: Gol and Azul's Business Combination Grounded
Published on: Sept. 26, 2025, 7:09 a.m. | Source: Devdiscourse
Gol's controlling shareholder, Abra Group, has called off discussions with Azul regarding a potential business merger. Talks had stalled due to Azul's focus on its Chapter 11 proceedings, according to a letter cited in Gol's securities filing.
