Aer Lingus is to make a second attempt at winning shareholder backing for a move vetoed by Ryanair, its biggest single shareholder, last year.
The former state-owned airline, in which Ryanair has a 29 per cent stake, will ask shareholders at next month’s agm to approve a motion that will allow the company to bypass existing shareholders if it seeks to issue fresh shares.
Aer Lingus management failed in its attempt to approve the...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team