Ryanair criticised over its €60,000 share sale figures

THE Irish Takeover Panel has admonished Ryanair for releasing insufficiently detailed information in its bid for Aer Lingus.

In a rare public statement the panel criticised Ryanair for saying that Aer Lingus employees could net €60,000 each if they accept the budget airline’s offer.

The panel took issue with a statement released by Ryanair on October 20 when the airline published part of its offer documents for Aer Lingus.