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Ryanair seals British Airways-owner IAG's Aer Lingus 1 billion takeover
2015-07-10 11:10:35| Airlines - Topix.net
Ryanair has agreed to sell its stake in Aer Lingus to IAG, sealing the British Airways parent's a 1.4 billion takeover of the Irish flag carrier. The budget airline's board said it had voted unanimously to sell its 29.8% stake in Aer Lingus becuase "the current IAG offer maximises Ryanair shareholder value".
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Category:Transportation and Logistics