Little confidence in Ryanair’s bid

Analysts are not backing Ryanair to succeed in its Aer Lingus bid.

Little confidence in Ryanair’s bid
Wed, 18 Jul, 2012 - 01:00
Vincent Ryan

The airline published a document detailing a formal bid for Aer Lingus yesterday that repeated its €694m offer for the Irish carrier.

Analyst with Dolmen stockbrokers, Ian Hunter, said market reaction to the offer suggested there is little, if any, confidence that the deal will go ahead.

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