6th Feb 2015 11:03
LONDON (Alliance News) - The Irish government is not yet convinced of the merits of International Consolidated Airlines Group SA's takeover bid for Aer Lingus Group PLC, the Irish Independent reported on Thursday, quoting Transport Minister Paschal Donohoe.
Donohoe said the interdepartmental group which is advising on the offer has held a second meeting with IAG but said the discussions failed to allay concerns over a potential sale of the carrier.
"IAG have laid out the circumstances in which they would be prepared to make a formal bid. However, we as a shareholder remain to be convinced regarding the merits of what they're putting forward," Donohoe told the Irish Independent.
http://www.independent.ie/business/irish/transport-minister-government-yet-to-be-convinced-on-aer-lingus-takeover-30968305.html
By Sam Unsted; [email protected]; @SamUAtAlliance
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