Reply To: Aer Lingus rejects / now accepts IAG takeover offer

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BigDog.
Participant

IAG have made a 3rd bid.

http://news.sky.com/story/1414126/ba-owner-iag-tables-fresh-bid-for-aer-lingus

With the Euro at an historical low against sterling and dollar, although the €2.50 is still beneath the speculated €2.70, the exchange rate increasingly benefits the predominantly BA funded, IAG position.

edit – DT coverage

http://www.telegraph.co.uk/finance/newsbysector/transport/11367381/IAG-makes-1.34bn-offer-for-Aer-Lingus.html

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