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Ryanair, 748 million Euros for Aer Lingus

Dublin, Ireland - For a unique strong Irish Group

Irish low-fare airline Ryanair said Monday it has launched a 748 million Euro offer for Ireland's flag carrier Aer Lingus, in which it already has a near 30% stake through Coincide, a Ryanair subsidiary. The Michael O'Leary's carrier renewed a bid to buy Aer Lingus with a 1.40 Euro a share cash offer for the stock it doesn’t already own. "The board of Ryanair proposes to merge the two airlines i...

AVIONEWS - World Aeronautical Press Agency - 1097267
Rome, Italy, 12/01/2008 16:18
AVIONEWS - World Aeronautical Press Agency

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