Ryanair formally accept the offer of IAG for Aer Lingus – Reuters Spain

DUBLIN (Reuters) – Ryanair agreed on Tuesday formally sell its stake in Aer Lingus to IAG, the owner of British Airways and Iberia, giving the Spanish-British holding free hand to meet the conditionality of achieving at least 90 percent in its bid for the former Irish flag carrier .

Ryanair He agreed on Tuesday formally sell its stake in Aer Lingus to IAG, the owner of British Airways and Iberia, giving the Spanish-British holding free hand to meet the conditionality of achieving at least 90 percent in its bid for the former airline Ireland flag.

“We

have communicated our acceptance of the offer of IAG Today (August 18), “a spokesman for Ryanair said in a statement emailed when asked if they had agreed to sell its 30 percent.

The board of Ryanair agreed to accept the sale in early July, but had an initially planned to July 30 and then to the deadline August 18 to communicate formally.

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