Top executives from Aer Lingus yesterday met with Irish Transport Minister Noel Dempsey to spell out their opposition to Ryanair’s takeover offer. The Irish state is a major stakeholder in Aer Lingus, so convincing the government is crucial. Ryanair has already met with government officials to make its case. Ryanair “is offering other Aer Lingus shareholders a mere EUR525 million, a pathetic sum in the context of the EUR1.3 billion in cash on the Group’s balance sheet, the ...

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