19th Jun 2015 07:41
LONDON (Alliance News) - International Consolidated Airlines Group SA Friday said it has sent the offer documents relating to its proposed EUR1.4 billion takeover of Aer Lingus Group PLC.
The offer will initially remain open for acceptances until July 16.
Aer Lingus said an extraordinary meeting of shareholders will be held on that date.
IAG shares were up 1.5% at 509.00 pence on Friday morning, while Aer Lingus shares were up 0.1% at EUR2.39.
By Samuel Agini; [email protected]; @samuelagini
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