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Aer Lingus backs takeover, needs Irish government support

2015-01-27 09:37:47| Airlines - Topix.net

Aer Lingus announced Monday Jan. 26, 2015 that British Airways p... DUBLIN - Aer Lingus announced Tuesday it supports a takeover bid by British Airways parent IAG, putting the Irish airline with its trademark shamrock tailfins on course for foreign acquisition nine years after the national flag carrier's privatization. The 11-member Aer Lingus board said it could recommend IAG's latest bid of 2.55 euros per share, valuing the airline at 1.36 billion euros .

Tags: support government irish backs

Aer Lingus board give thumbs up for 1.36bn offer from IAG

2015-01-27 01:00:00| Airport Technology

Irish airline Aer Lingus has said it is willing to accept a 1.36bn takeover offer from International Consolidated Airlines Group (IAG), the owner of British Airways (BA).

Tags: board give offer thumbs

Aer Lingus considers higher IAG bid

2015-01-26 08:28:26| BBC News | Business | UK Edition

Irish airline Aer Lingus says it is considering a revised offer of 2.55 a share from British Airways owner IAG.

Tags: higher bid considers aer

BA owner near deal for Aer Lingus

2015-01-25 14:56:51| Airlines - Topix.net

The owner of British Airways seemed to be near a major breakthrough in its A 1 billion pursuit of Aer Lingus The owner of British Airways today appeared to be on the brink of a major breakthrough in its A 1 billion pursuit of Dublin-based carrier Aer Lingus. A third and improved proposal from International Airlines Group has reportedly won the backing of the Irish carrier's board.

Tags: owner deal aer lingus