LATAM Airlines readies NYSE listing at $8.5 billion potential valuation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 18 2024
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Source: Yahoo Finance
- LATAM Airlines Listing on NYSE: LATAM Airlines plans to list its shares on the New York Stock Exchange, aiming for a valuation of $8.5 billion and potentially raising over $533 million for selling shareholders.
- Background and Details: The Chile-based carrier, with significant operations in South America, including Santiago and Sao Paulo, emerged from bankruptcy in 2022 after facing financial challenges due to the COVID-19 pandemic.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
