Monday 17 October 2011

Etihad in talks to buy Aer Lingus stake: FT - Emirates 24/7

Etihad, the Middle Eastern airline, has approached the Irish government to buy its 25 per cent stake in the national carrier Aer Lingus, the Financial Times reported on Monday.

The newspaper cited people with knowledge of the move as saying it is unclear how far talks have progressed and that they might not result in any deal.

The approach comes after James Hogan, Etihad chief executive, met the Irish prime minister Enda Kenny at a recent investment event in Dublin, the global Irish Economic Forum.

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