Ryanair launches bid for Aer Lingus

[White Cap]

Hello all,

From BBC Headlines : - Budget airline Ryanair has launched a 1.48bn euros (£1bn; $1.9bn) bid to buy fellow Irish carrier Aer Lingus.


I cannot paste the latest Ryanair press release. Click on: http://www.ryanair.com/site/EN/news.php ... -en-051006

Cheers,
Nick

[flugholm]

16% erstmal.
"RYA share down 4% on the announcement, Aer Lingus up 7.6%.", it says here.

[cabfish]

Um die Vor- und Nachteile einer Ãœbernahme von Aer Lingus durch Ryanair geht es in diesem Artikel im Handelsblatt:
http://www.handelsblatt.com/news/_pv/_p ... index.html

[White Cap]

Source: breakingnews.iol.ie

Irish officials to discuss Aer Lingus situation with EC
20/10/2006 - 07:53:21

Senior officials from the Department of Transport are due to hold talks with the European Commission in Brussels today on Ryanair's bid to take over Aer Lingus.

The talks are expected to focus on whether the proposed buy-out would be in line with EU competition laws.

Ryanair has already bought just under 20% of shares in the recently privatised national carrier and is offering €2.80 per share for the remainder.

The Government has already come out against the move, saying it is not in the interests of competition.