IAG wins Irish government backing for Aer Lingus offer

Credit: Rob Finlayson
International Airlines Group (IAG) will make a €1.4 billion ($1.5 billion) formal takeover bid for Aer Lingus, after winning crucial backing from the government of Ireland and the carrier’s board. IAG has been courting Aer Lingus since last December, culminating in a third takeover proposal of €2.55...

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