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Taoiseach expects decision on Aer Lingus sale later today

Written by Business World, on 26th May 2015. Posted in Ireland

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The Irish government expects to make a decision later today on the potential sale of its 25 percent stake in Aer Lingus to IAG, the owner of British Airways and Iberia which launched a takeover bid for the Irish carrier in January.

Cabinet ministers began to discuss the offer earlier today after receiving a report by an advisory group and will reconvene at 1715 GMT.

"The (transport) minister briefed the cabinet on a number of changes since this was first discussed. We have not finished our deliberations but I would expect to conclude them this evening," Taoiseach Enda Kenny told parliament. (Reuters)

Source: www.businessworld.ie

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