IAG will apply to have Aer Lingus shares delisted on September 17

IAG will apply to have Aer Lingus shares delisted on September 17

Aer Lingus Group has welcomed the offer by global Consolidated Airlines being declared wholly unconditional.



IAG confirmed in a statement to the stock exchange that Ryanair had accepted its offer meaning all the conditions of its bid for Aer Lingus have now been met.

Ryanair’s board of directors approved the sale in early July, but it failed to formally accept the offer before a July 30 deadline, which IAG then extended to August. 18.

British Airways parent IAG officially welcomed Aer Lingus into the group today following the completion of the deal to buy the Irish airline.

Aer Lingus said Tommy, Rob, Robbie and Conor were chosen because they represent the four provinces of Ireland. Ryanair owned a 29.8% stake in Aer Lingus. The video forms part of the airline’s Green Spirit campaign which has also seen an Aer Lingus aircraft take on a new design that showcases images of the ambassadors.

The offer will now remain open for acceptance until 3pm (Irish time) on 1 September 2015.

The company is promising that Aer Lingus will remain an iconic Irish brand with its base and management team in Ireland.

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