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Ryanair (2): Aer Lingus IPO was formalized

Dublin, Ireland - EUR 2.80 per share

Ryanair formalized its hostile IPO on Aer Lingus, which was recently privatized. The low-cost carrier proposes EUR 2.80 per share (total 1.48 billions), with a 27% surplus compared to the value with which the Irish Government privatized the national airline two weeks ago. The deadline of the IPO acceptance is November 13. Before launching its offer, Ryanair purchased 19.2& of Aer Lingus. The Government...

AVIONEWS - World Aeronautical Press Agency - 67435

AVIONEWS - World Aeronautical Press Agency
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