Deals
Delta to Buy $100 Million Gol Stake to Boost Brazil Flying
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Delta Air Lines Inc. agreed to buy a $100 million stake in Gol Linhas Aereas Inteligentes SA, Brazil’s second-largest airline by market value, and begin booking passengers on each other’s jets.
Gol rose 3.6 percent to 15.50 reais in Sao Paulo after climbing as much as 9 percent earlier. Delta, the world’s second-biggest carrier, gained 1.1 percent to $8.56 at 4 p.m. in New York.