ryanair accepts iag bid for aer lingus stake
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Ryanair: Accepts IAG bid for Aer Lingus stake

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Aer Lingus to International Airlines Group
London - Arab Today

Ireland's low-cost carrier Ryanair said Friday that it has decided to sell its 29.8-percent stake in Irish rival Aer Lingus to International Airlines Group.

The news comes two months after the Irish government agreed to sell its 25-percent holding to British Airways owner IAG, which had launched a 1.4-billion-euro ($1.5-billion) takeover bid for Aer Lingus.

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