Bloomberg The 5.8 billion-euro ($6.6 billion) offer of Czech billionaire Daniel Kretinsky and his Slovak investment partner Patrik Tkac for Metro AG “substantially undervalues” the German food distributor, the management board said. The unsolicited bid of 16 euros for each ordinary share and 13.80 euros per preference share also doesn’t reflect its value creation plan, the Dusseldorf-based company said in ...

Bloomberg Just two months after unveiling plans to begin US service to the UK, JetBlue Airways Corp moved to fly farther still, ordering 13 Airbus SE A321XLRs, the new, longest-range version of the popular narrow-body jet. The order builds on JetBlue’s April decision to enter the hyper-competitive trans-Atlantic market in 2021, with flights from Boston and New York to London. ...

Bloomberg Mexican airline Volaris has launched a programme called “Reuniting Families” that is offering to fly Central American immigrants in Mexico back to their countries of origin. For $1, plus applicable taxes, Volaris will fly immigrants in Tijuana, Ciudad Juarez, Guadalajara and Mexico City to Costa Rica, El Salvador or Guatemala. Immigrants need only show some form of ID and ...