Wednesday 27 May 2015

Ireland to sell Aer Lingus stake to IAG - BBC News

Ireland to sell Aer Lingus stake to IAG - BBC News:



"The Irish government has agreed to sell its 25% stake in Aer Lingus to IAG, the owner of British Airways.



The board of the Irish airline is also recommending IAG's €1.36bn (£961m) takeover offer for Aer Lingus.



While the Irish government is now supporting the takeover offer, the other big shareholder in Aer Lingus, Ryanair, is yet to make a decision."



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