Saturday October 31, 2020

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

Then €19.99 a month after the offer period.

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

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 10 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago