Ryan Aer Lingus?
Oct 6th, 2006 | 10:21 AM
#5
Joined: Feb 2004
Posts: 23,073
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Aer Lingus completed its privatization last week. And Ryanair already owns about 20% of its stock. The board rejecting the offer simply means the offering price is not high enough.
If Ryanair continues to buy enough of EI's stock or increase its offer enough, a purchase can definitely go through.
Ryanair's capitalization is about 4 times that of Aer Lingus, and the two have few competing routes. While their local opposition, I think enough Irish people will see this as a good thing, with their little country having one of the most powerful and highest-capitalized airline in the world.
If Ryanair continues to buy enough of EI's stock or increase its offer enough, a purchase can definitely go through.
Ryanair's capitalization is about 4 times that of Aer Lingus, and the two have few competing routes. While their local opposition, I think enough Irish people will see this as a good thing, with their little country having one of the most powerful and highest-capitalized airline in the world.
