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Aircraft and finance. UK's competition watchdog requires Ryanair to sell 5% of Aer Lingus shares
Dublin, Ireland - The low-cost company will be obliged not to seek or accept board representation in the legacy airline
On Wednesday 28 August 2013 the Competinio Commission of the United Kingdom required Ryanair to sell its 29.8 per cent stake in Aer Lingus down to 5 per cent. This will be accompanied by obligations on the low-cost carrier not to seek or accept board representation or acquire further shares. Rumours on the matter which leaked during these days have therefore been confirmed (AVIONEWS). In its report...
AVIONEWS - World Aeronautical Press Agency - 1154747
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency