IAG shares jump on back of Aer Lingus bid
The London market shook off yesterday’s hefty falls as investors cheered news that the Irish government has agreed to sell its 25% stake in Aer Lingus to British Airways owner International Airlines Group (IAG).
The FTSE 100 Index was 25.6 points higher at 6975.3, recovering some of the more than 80 point point losses suffered the previous session on fears that Greece would not be able to meet an upcoming payment due to the International Monetary Fund.
