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News Breaks
November 8, 2012
05:46 EDTBAIRYBritish Airways parent considers bid for Vueling, AP reports
British Airways (BAIRY) parent International Airlines Group is considering a bid to take full control of Vueling, a Spanish low-cost airline, reports the Associated Press. IAG currently owns almost 46% of Vueling. Reference Link
News For BAIRY From The Last 14 Days
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January 26, 2015
06:01 EDTBAIRYIAG confirms EUR2.55 per share offer for Aer Lingus
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January 13, 2015
08:22 EDTBAIRYRyanair CMO says company willing to sell Aer Lingus stake, Bloomberg says
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January 12, 2015
08:44 EDTBAIRYBritish Airways parent to raise Aer Lingus bid again, Bloomberg says
International Airlines Group (ICAGY), the parent of British Airways (BAIRY), which has been rejected at least twice by Aer Lingus, is considering raising its proposed takeover bid for the Irish carrier to as much as EUR 2.50, or $2.95 per share, as soon as this week, said Bloomberg, citing people familiar with the matter. IAG confirmed on Jan. 9 that it had submitted a revised proposal to make an offer for Aer Lingus on December 29, 2014, which has been rejected by the Board of Aer Lingus. The revised proposal consisted of a cash offer of EUR 2.40 per Aer Lingus share. Reference Link
07:15 EDTBAIRYActivist says IAG will have to increase bid for Aer Lingus, Telegraph reports
International Airlines Group (ICAGY) could have to bid up to EUR3 per share for Aer Lingus in order to strike a deal, The Telegraph reports, citing comments from Crystal Amber, an activist investor that holds a 2.8% stake in Aer Lingus. Richard Bernstein, investment adviser at Crystal Amber, thinks the board of Aer Lingus was "absolutely right" to reject IAG's EUR2.40 per share offer. IAG is the parent of British Airways (BAIRY). Reference Link

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