British Airways parent IAG makes 3rd bid for Aer Lingus, values Irish airline at 1.3 bln euros

January 24, 2015 9:00 PM

3 0

British Airways parent IAG makes 3rd bid for Aer Lingus, values Irish airline at 1.3 bln euros

FILE - A Wednesday, June 20, 2012 file photo showing two Aer Lingus jets at Dublin Airport, Ireland. Officials say the parent company of British Airways has made a third, improved takeover approach to Irish airline Aer Lingus and a formal announcement of the offer is expected Monday, Jan. 26, 2015. The 2.50 euros ($2.80) per share offer by IAG values the Dublin-based carrier at 1.3 billion euros ($1.45 billion). Over the past month Aer Lingus has rejected two lower-priced proposals from IAG, created in 2009 by the merger of British Airways and Spanish airline Iberia. (AP Photo/Shawn Pogatchnik, File) (The Associated Press)

DUBLIN – Officials say the parent company of British Airways has made a third, improved takeover approach to Irish airline Aer Lingus and an announcement of the offer is expected Monday.

Read more

To category page

Loading...