Wednesday June 3, 2020

€4m windfall for Walsh from share sale

IAG boss ‘meeting obligation to ex-wife’

Ian Guider

Markets Editor

@ianguider
19th May, 2019
Willie Walsh: ‘It’s not something I want to do, but it’s something I have to do’ Picture: Bloomberg

Airline chief Willie Walsh has raised almost €4 million from the sale of some of his stake in the Aer Lingus and British Airways owner IAG.

Walsh sold 700,000 shares in IAG in three tranches in the past ten days, at prices between £5.03 and £5.05 per share, raising £3.5 million (€3.9 million) from the sale.

The former Aer Lingus chief executive told analysts on a conference call this month that the share sale was not...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 1 month ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 1 month ago

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 months ago