IAG agrees Aer Lingus funding deal with Banco Santander
The latest on the proposed Aer Lingus deal
Spain’s Banco Santander has agreed to join other banks in the provision of a €1.4 billion loan to IAG to help it fund its proposed takeover of Aer Lingus.
The aviation giant, which owns British Airways and Iberia, is set to buy Aer Lingus through a new subsidiary company Aer Lingus Holding Limited. The Government will receive €335m for its stake in Aer Lingus but will retain one share in the airline, a...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
*New subscribers only
€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
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures