Ruling may put pressure on Ryanair to sell off its stake in Aer Lingus

Britain's Competition Commission makes a provisional ruling on Ryanair's 2006 purchase of Aer Lingus shares, writes Marco Hickey.

Ryanair has a near-30 per cent stake in Aer Lingus. Photo: Bloomberg

Britain's Competition Commission is expected to publish the outcome of its investigation into the effect on competition of Ryanair's stake in Aer Lingus by July 11.

The long-running probe, which resumed on March 1, is investigating whether Ryanair's near-30 per cent stake in Aer Lingus means there has been a "relevant merger event". A relevant merger event takes place when enterprises cease to be distinct, ie they are brought under common control or ...