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The IAG bid values Aer Lingus at about 1.28 billion euros

2015-01-09 22:03:53| Airlines - Topix.net

A fresh attempt by the owner of British Airways to buy Aer Lingus has been rejected by the board of the Dublin-based carrier, it emerged tonight. International Airlines Group , which also owns Spain's Iberia, pitched its latest proposal at 2.40 euros a share, valuing Aer Lingus at about A 1.28 billion euros .

Tags: values bid euros billion

 

Ferrari spin-off to cut Fiat Chrysler debt by 715 million euros - filing

2014-11-26 18:52:57| Automakers - Topix.net

FCA had already said in a separate filing with U.S. market regulator SEC earlier this month that it would receive 2.25 billion euros from Ferrari before it spins off the luxury sportscar unit from the group next year. The company added on Wednesday that this payment and the removal of Ferrari's own debt of 133 million euros from the parent group's accounts would be offset by the loss of Ferrari's cash and receivables worth 1.67 billion euros.

Tags: million cut filing euros

 
 

VW plans to spend 86 billion euros chasing Toyota for global car sales lead

2014-11-21 14:12:32| Auto Dealers - Topix.net

Volkswagen Group will keep pouring money into new vehicles, technology and factories as it chases Toyota Motor Corp. for the lead as world's largest automaker. The automaker plans to invest 85.6 billion euros over the next five years, Europe's biggest manufacturer of cars, vans and trucks said today in a statement .

Tags: sales car global lead

 

Napoleon hat sells for 1.9m euros

2014-11-16 18:32:49| BBC News | Business | UK Edition

A South Korean collector buys a hat worn by French Emperor Napoleon for 1.9m euros at auction, smashing its expected sale price.

Tags: hat euros sells napoleon

 

Ryanair to pay 8.1m euros in damages

2014-10-28 15:55:54| BBC News | Business | UK Edition

A French court rules that Irish low cost airline Ryanair must pay 8.1m euros in damages and 200,000 euros in fines for breaches of French labour laws.

Tags: pay euros damages ryanair

 

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