11134
$1.55b Deal Makes Sense
World Economy

$1.55b Deal Makes Sense

The board of Aer Lingus strengthened its support for British Airways-owner IAG’s takeover approach, saying that after talks with the airline, the deal made compelling commercial sense, RTE News reported. IAG’s €1.36b ($1.55b) takeover approach already had the qualified backing of Aer Lingus’s board with a formal recommendation subject to the government selling its 25% holding. The government has yet to be convinced.

 

Short URL : http://goo.gl/tStxuy

You can also read ...

All three sides can’t agree on a few key issues.  Top of the list: The manufacturing of cars.
No meaningful progress is being made in NAFTA trade talks...
IMF Cautions Kenya on Rising Debt
The International Monetary Fund has cautioned that Kenya’s...
The rules say that EU countries should have budget deficits below 3% of GDP and public debt below 60% of GDP.
National budgets of six eurozone countries may break the...
AT&T-Time Warner Merger Case Politically Motivated
The US Justice Department’s lawsuit to block AT&T’s $85...
Credit Tightening Dominoes Threaten Asia With Hidden Risks
With Asia’s economies humming along, consumer prices rising...
Gold Inches Up as Dollar Dips
Gold prices crept up on Wednesday amid a softer dollar, with...
UK Slashes Growth Projections
Britain slashed its official projections for economic growth...
Mexico Boosts Minimum Wage
The bittersweet news for Mexico’s poorest workers: the...

Trending

Googleplus