Ryanair has said that it expects the European Commission to initiate a Phase 2 investigation into its €694 million takeover bid for Aer Lingus.
The European Commission is set to deliver its preliminary decision on the proposed takeover in the coming days, and Ryanair chief executive Michael O'Leary said he expected the competition authorities to extend it to an in-depth Phase 2 probe.
This would require Ryanair to present more information on the deal, or potentially offer...
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