International Airlines Group (IAG) has once again been rebuffed by Aer Lingus, despite increasing its offer from €2.30 ($2.72) to €2.40 per share. “IAG notes recent press speculation and confirms it submitted a revised proposal to make an offer for Aer Lingus on Dec. 29, 2014, which has been rejected by the board of Aer Lingus,” IAG said in a stock market disclosure on Friday.  It confirmed that it had made a second cash offer €2.40 per Aer Lingus share, ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Aer Lingus Board Rejects Second IAG Takeover Attempt".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.