Aer Lingus CEO determined to see off Ryanair bid

Low-cost airline Ryanair turned up the pressure on takeover target Aer Lingus by taking its shareholding in its Irish rival to more than 25% today.

Aer Lingus CEO determined to see off Ryanair bid
Wed, 29 Nov, 2006 - 13:34
1

Low-cost airline Ryanair turned up the pressure on takeover target Aer Lingus by taking its shareholding in its Irish rival to more than 25% today.

Aer Lingus chief executive Dermot Mannion said the increased shareholding was a sure sign that Ryanair’s interest “isn’t going away any time soon”.

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CourtsBusinessHeathrowPerson: CEOPerson: Dermot MannionPerson: MannionPerson: John SharmanPerson: Michael O’LearyOrganisation: Aer LingusOrganisation: RyanairOrganisation: Irish Stock Exchange
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