Pension fund gets approval to buy Aer Lingus shares

The Takeover Panel has given the National Pension Reserve Fund (NPRF) the go-ahead to purchase Aer Lingus shares in the market.

21st October, 2006

This means the fund’s investment managers are free to do so if they judge that the shares represent good value. The fund had sought a ruling for the panel on the issue to clarify whether any holdings it bought would be aggregated with the government’s stake for the purpose of stock exchange rules.

Had this happened, any purchases by the NPRF could have brought the combined holding of the state -...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago