Tuesday September 22, 2020

Aer Lingus sale to be approved by cabinet after Easter

IAG boss Willie Walsh prepared to make concessions to secure deal

22nd March, 2015
Willie Walsh, chief executive, IAG

The government is expected to approve IAG’s €1.3 billion bid for Aer Lingus in its first cabinet meeting after the Easter break, with IAG poised to offer a number of concessions and sweeteners to secure the deal.

With talks continuing between the government and IAG over the weekend, it is understood that IAG boss Willie Walsh is prepared to offer increased commitments in relation to the main sticking point on the deal, the...

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