Friday February 28, 2020

Plucking the shamrock from the sky

Markets Correspondent Jon Ihle examines the nuts and bolts of last week's Ryanair bid for Aer Lingus.

23rd June, 2012
Michael O'Leary, chief executive, Ryanair. Photo: Feargal Ward/Tony O'Shea

Ryanair's audacious bid for rival Aer Lingus last week woke up investors and has forced the government to consider what it intends to do with its 25 per cent holding in the former state airline. Shareholders have a lot to consider - is the offer worth it and will Brussels give the green light this time after previously rejecting Ryanair's overtures?

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Ryanair is offering €1.30 per share in cash to acquire the 70.18 per cent of...

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