International Consolidated Airlines Group’s (IAG) proposed 1.36 billion euro ($2 billion) offer for Aer Lingus was recommended by the Irish airline’s board in January but is still conditional on receiving the support of its other main shareholder, Ryanair.
The government, which has been urged by opposition parties and trade unions to reject the IAG offer and also faced objections to the offer from some government MPs, had said that Ryanair’s attitude was key to its decision.
Source and image: Jenkers.com
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