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Germán Efromovich, right, the largest investor in Avianca Holdings, watched as the airline’s stock began trading on the New York Stock Exchange in 2013. Credit Richard Drew/Associated Press

As Avianca Weighs Bids, Hedge Fund Plays Unusual Role: Diplomat

by Alexandra Stevenson | Dec 9, 2016 | Business

Trouble was brewing this summer at Avianca Holdings, Latin America’s second-biggest airline. Tight on cash, the airline needed to raise money. For many on the board, one option was selling part of the company. The company’s largest investor — a swashbuckling,...

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Middle-east Arab News Opinion | Asharq Al-awsat

As Avianca Weighs Bids, Hedge Fund Plays Unusual Role: Diplomat

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