Aer Lingus confirms IAG takeover bid

Aer Lingus has confirmed it is considering a sweetened takeover offer worth €1.36bn from the owner of British Airways.

Aer Lingus confirms IAG takeover bid
Mon, 26 Jan, 2015 - 07:25

Aer Lingus has confirmed it is considering a sweetened takeover offer worth €1.36bn from the owner of British Airways.

The statement from the carrier follows speculation that its board is set to back the latest proposal from International Airlines Group (IAG), which values Aer Lingus at €2.55 a share, equivalent to €1.36bn.

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CourtsBusinessHeathrowPlace: DublinPlace: HeathrowPlace: UKPlace: IrelandPlace: BritainPlace: LondonPerson: Joan BurtonPerson: Willie WalshOrganisation: Aer LingusOrganisation: IAGOrganisation: British AirwaysOrganisation: International Airlines GroupOrganisation: RyanairOrganisation: Irish GovernmentOrganisation: BAOrganisation: IberiaOrganisation: TánaisteOrganisation: RTÉ RadioOrganisation: LufthansaOrganisation: Virgin Atlantic
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