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Delta invests US$1.9 billion in LATAM to form partnership

iStock.com/jcheris

Delta Airlines has hired Sullivan & Cromwell LLP in New York, Barros & Errázuriz Abogados in Santiago and Demarest Advogados in São Paulo to buy a 20% stake in Latin America’s largest airline company – LATAM – in a deal worth US$1.9 billion.