ThePRGuy
Topic Author
Posts: 1833
Joined: Thu Aug 10, 2006 10:07 am

Ryanair Ups Stake In Aer Lingus To 25%

Thu Nov 30, 2006 5:34 am

Source: BBC
http://news.bbc.co.uk/1/hi/business/6194610.stm

Quote:
Aer Lingus chief executive Dermot Mannion said that the move meant Ryanair's takeover attempt "isn't going away anytime soon".

Seems as if they are adamant to prove they are serious about the takeover....

Thoughts?

Thanks
Alex
Heathrow has been described as the only building site to have its own airport.
 
kaitak
Posts: 8948
Joined: Wed Aug 18, 1999 5:49 am

RE: Ryanair Ups Stake In Aer Lingus To 25%

Thu Nov 30, 2006 5:46 am

Alex, have a look at the Irish Aviation Thread No22 (we'll be starting No23 soon); this is discussed in detail.

A very interesting move (the FR share increase); it surprised me. I had thought they might reduce their shareholding when it became clear that they would not (at this stage) win out. However, they are not going to give up easily!

There is a lot more to go in this story - head to the Irish aviation thread and find out!