International Airlines Group has agreed to purchase the Irish government held stake of flag-carrier Aer Lingus for approximately €1.4 billion. Existing Aer Lingus shareholders will receive €2.55 in cash for each Share, comprising a cash payment of €2.50 per share and a cash dividend of €0.05 per share. The terms of the transaction represent a premium of approximately 40 per cent on the closing price of €1.82 per Aer Lingus Share on December 17th 2014, the last dealing day prior to the first IAG offer.
NEWS IAG to acquire Irish government stake in Aer Lingus
Melanie's aviation journey began at a young age, earning her first pilot certifications while still a teenager, before she ever held a driver’s license! As lead journalist at AIRLIVE.net, she plays a pivotal role in shaping the voice and editorial direction of the website. Her experience spans flight operations, air traffic coordination and emergency incident analysis.
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