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Ryanair accepts IAG offer for Aer Lingus

2015-07-10 65 Dailymotion

The Ryanair board has accepted an offer from International Airlines Group for its 29.8 percent holding in Aer Lingus.<br /><br /> The move now opens the way for a €1.3bn bid by British Airways and IAG for the Irish carrier.<br /><br /> IAG want to create a transatlantic hub at Dublin airport.<br /><br /> Happy #IndependenceDay, America. #4thofJuly https://t.co/ievCdTlDCq— Aer Lingus (@AerLingus) July 4, 2015<br /><br /> Ryanair says it will make a small profit on its nine year involvement with Aer Lingus. <br /><br /> The deal is subject to approval by the European Union.<br /><br /> Ryanair votes to accept IAG offer for Aer Lingus http://t.co/UrqUmdFdgr via IrishTimesBiz pic.twitter.com/Mc3SY4M187— The Irish Times (IrishTimes) July 10, 2015<br /><br /> Ryanair has attempted to buy Aer Lingus on three occasions over the past 10 years only to see its plans stymied by the competition authorities.

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