Aer Lingus rejects takeover bid

A fresh attempt by the owner of British Airways to buy Aer Lingus has been rejected by the board of the Dublin-based carrier, it emerged last night.

Aer Lingus rejects takeover bid
Sat, 10 Jan, 2015 - 08:50

A fresh attempt by the owner of British Airways to buy Aer Lingus has been rejected by the board of the Dublin-based carrier, it emerged last night.

International Airlines Group (IAG), which also owns Spain’s Iberia, pitched its latest proposal at €2.40 a share, valuing Aer Lingus at about €1.28bn.

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CourtsBusinessHeathrowPlace: DublinPlace: SpainPlace: HeathrowPlace: LondonPlace: WashingtonPlace: UKPlace: IrelandPlace: BritainPerson: Willie WalshPerson: Christoph MuellerPerson: WalshPerson: Michael O’LearyOrganisation: Aer LingusOrganisation: British AirwaysOrganisation: International Airlines GroupOrganisation: IAGOrganisation: LufthansaOrganisation: Virgin AtlanticOrganisation: RyanairOrganisation: Irish GovernmentOrganisation: IberiaOrganisation: Air France-KLM
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