Ryanair to Reduce Aer Lingus Stake

Ryanair Chief Financial Officer Howard Millar says the carrier plans to reduce the value of its stake in Aer Lingus in the “not-too-distant future.” Ryanair, which has attempted a hostile takeover bid of its rival, purchased a 29% stake in Aer Lingus at €2.50 ($3.66) per share, but the value is now...

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