Ryanair Holdings

Board votes to accept IAG's offer for Aer Lingus stake

  • Sectors : Airlines & Other Transport
  • Companies : Ryanair Holdings

Ratings and price correct at time of issue.

  • Ryanair Holdings

    Closing Price: 1218c

  • RATING 07/12/09

  • PREVIOUS RATING 02/11/09

    NEUTRAL

DAVY VIEW

The board of Ryanair has confirmed (July 10th) that it has voted unanimously to accept the IAG offer for its 29.8% shareholding in Aer Lingus. Accordingly, it will vote in favour of accepting the bid at the Aer Lingus EGM on July 16th. The deal is now awaiting regulatory approval from European competition authorities.

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Jul 10 2015

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