Aer Lingus considers third IAG offer
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Updated Monday 26th January, 08.50 GMT
Aer Lingus is considering a third, revised takeover bid by International Airlines Group (IAG).
The carrier confirmed this morning it is considering a new proposals valuing Aer Lingus at EUR2.50 per chare and a cash dividend of EUR.0.5 per share.
The Irish carrier has previously turned down two offers by IAG, which owns British Airways, based on the group devaluing the airline at EUR2.30 and then EUR2.40 per share.
The offer is expected to be put forward to Aer Lingus shareholders this week including Ryanair, which has been unsuccessful in buying the carrier several times, and the Irish government.
If confirmed the move would give IAG more slots at Heathrow and become the fourth member of its group in addition to IAG, Iberia and Vueling.
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