Regulators set to object to €694m Aer Lingus bid

European regulators are reportedly preparing to object to Ryanair’s proposed €694m takeover of Aer Lingus.

According to Reuters, EU anti-trust regulators are set to send Ryanair a statement of objections, in the coming weeks, setting out their concerns.

The news agency claimed that regulators feel the airline has not offered “sufficient concessions” in return for deal approval.