Ryanair Holdings must cut its 29.8 per cent stake in Aer Lingus Group to no more than 5 per cent, Britain’s Competition Commission said this morning.
The announcement was not a surprise and both airlines were quick off the mark this morning to issue statements to the Stock Exchange. Here’s what they said:
Ryanair said that it will appeal the report, claiming that findings of a substantial lessening of competition between the airlines...
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