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Ireland: the Government rejects the offer by Ryanair for Aer Lingus
Dublin, Ireland - "The offer undervalues the national airline"
The Irish Government has rejected the bid by Ryanair equal to 748 million Euros (1.40 per share) to take over Aer Lingus, the Irish national airline. According to the Government, that owns 25% of the Aer Lingus, the Ryanair's offer "Greatly undervalues" the national carrier, and a similar new situation would have hit the competition. "The competition was a key factor of our considerations", Transport...
AVIONEWS - World Aeronautical Press Agency - 1098886
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency