Ryanair has announced its intention to make an all cash of €1.30 per share for Aer Lingus.
According to a statement by Ryanair, the offer applies to the entire issued and to be issued share capital of Aer Lingus, and values the airline at approximately €694 million.
Ryanair intends to make this offer through its wholly-owned subsidiary, Coinside Limited. The airline already owns 29.82 percent of Aer Lingus.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team