Ryanair will write down Aer Lingus stake
Ryanair will write down the value of its stake in Aer Lingus in the “not too distant future,” CFO Howard Millar said yesterday. The airline bought a 29% stake in its rival at EUR2.50 a share, but the value has recently been down to below EUR2. Ryanair has been trying to buy Aer Lingus in a hostile...
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