Gol proposes new structure for FFP Smiles

    Gol outlined (09-Dec-2019) a new proposed reorganisation to be submitted to Smiles FFP’s minority shareholders. The proposal sees each Smiles common share being entitled to 0.63 of Gol‘s preferred shares and BRL16.54 (USD3.99) or 0.42 of Gol‘s preferred shares and BRL24.80 (USD5.99). [more – original PR – Portuguese] [more – original PR – Portuguese – II]