Ryanair: Accepts IAG bid for Aer Lingus stake
Aer Lingus to International Airlines Group
London - Arab Today
Ireland's low-cost carrier Ryanair said Friday that it has decided to sell its 29.8-percent stake in Irish rival Aer Lingus to International Airlines Group.
The news comes two months after the Irish government agreed to sell its 25-percent holding to British Airways owner IAG, which had launched a 1.4-billion-euro ($1.5-billion) takeover bid for Aer Lingus.
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