All posts tagged "Office of Fair Trading"

  • News
    Aer Lingus Rejects Ryanair Offer

    As expected, the Board of Aer Lingus has rejected Ryanair’s Offer to acquire control of Aer Lingus for €1.30 per share, saying that it “fundamentally undervalues Aer Lingus and represents a significant discount to the intrinsic value of the business”. The Board “unanimously recommends shareholders should take no action in relation to...

  • News
    Aer Lingus Welcomes UK Judgement re Ryanair

    Aer Lingus has welcomed today’s announcement by the UK Competition Appeal Tribunal that the Office of Fair Trading is “in time” to investigate Ryanair’s minority shareholding in Aer Lingus under the UK’s merger control legislation. Aer Lingus’s Chief Executive, Christoph Mueller, said: “It is now clear that the OFT has the jurisdiction...