Saturday August 15, 2020

News roundup: Tuesday's top stories

* Ryanair offers to sell Aer Lingus stake * House prices show first annual rise since 2008 * Enterprise Ireland backed firms post record exports * Tullow Oil shares hit by drilling update.

23rd July, 2013
Ryanair offers to sell Aer Lingus stake,

Tuesday's main business stories

**Ryanair:** In a bid to dispel what it dubbed the Competition Commission's "unfounded and invented concerns", Ryanair has offered to sell its 29 per cent stake in Aer Lingus to any EU airline that makes an offer for a 50.1 per cent stake in the airline.

**Cliff Taylor** analyses an interesting move, even if it looks unlikely that anyone will actually take up the offer on the offer in the short term.

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