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Ryanair Holdings PLC (RYAAY)

- NASDAQ
  • Wed, Jul. 15, 3:11 AM
    • International Airlines Group's (OTCPK:ICAGY) €1.4B takeover of Aer Lingus (OTC:AIRXY) has cleared its final hurdle after getting the green light from the European Commission.
    • To gain the approval, IAG had to give up five daily take-off and landing slots at London's Gatwick airport and guarantee that Aer Lingus would maintain connecting flights to competing airlines.
    • Previously: Ryanair backs IAG's Aer Lingus offer (Jul. 10 2015)
    | Wed, Jul. 15, 3:11 AM | Comment!
  • Fri, Jul. 10, 3:53 AM
    | Fri, Jul. 10, 3:53 AM | Comment!
  • Wed, May 27, 1:48 AM
    • The Irish government has agreed to sell its 25% stake in Aer Lingus (OTC:AIRXY) to IAG (OTCPK:ICAGY), clearing the way for the owner of British Airways and Iberia to make a formal bid for the Irish carrier.
    • IAG's proposed €1.36B ($1.48B) offer for Aer Lingus was recommended by the Irish airline's board in January but is still conditional on receiving the support of its other main shareholder, Ryanair (NASDAQ:RYAAY).
    • Previously: IAG to press Aer Lingus bid with new proposals (Mar. 01 2015)
    | Wed, May 27, 1:48 AM | Comment!
  • Tue, Jan. 27, 6:15 AM
    • Aer Lingus (OTC:AIRXY) says its board of directors would be willing to recommend that shareholders accept the latest takeover bid from International Consolidated Airlines Group (OTCPK:ICAGY), the owner of British Airways and Iberia, if certain conditions were met.
    • The Irish carrier previously rejected two takeover offers late last year.
    • IAG needs to win the backing of budget airline Ryanair (NASDAQ:RYAAY), which holds a 29.8% stake in Aer Lingus, and the Irish government, which holds a 25.1% stake.
    • Previously: Aer Lingus considering sweetened bid from IAG (Jan. 26 2015)
    | Tue, Jan. 27, 6:15 AM | Comment!
  • Mon, Jan. 26, 4:26 AM
    • Aer Lingus (OTC:AIRXY) is considering an improved €1.36B takeover proposal from International Consolidated Airlines Group (OTCPK:ICAGY), the third attempt by the owner of British Airways and Iberia to buy its Irish rival.
    • The proposal includes a cash offer of €2.50 per share and a cash dividend of €0.05 per share.
    • Buying Aer Lingus would give IAG more take-off and landing slots at London Heathrow Airport, the main hub of British Airways.
    • Previously: IAG returns with new bid for Aer Lingus (Jan. 25 2015)
    | Mon, Jan. 26, 4:26 AM | Comment!
  • Sun, Jan. 25, 4:37 AM
    • International Consolidated Airlines Group (OTCPK:ICAGY), the owner of British Airways and Iberia, has made another takeover approach to Aer Lingus (OTC:AIRXY), offering €2.50 per share, or around €1.3B euros in total for the Irish airline, Sky News reports.
    • Buying Aer Lingus would give British Airways more take-off and landing slots at London Heathrow Airport and would likely improve the Irish carrier's profitability by combining some operations with those of IAG.
    • An acquisition would also need the backing of budget airline Ryanair (NASDAQ:RYAAY), which holds a 29.8% stake in Aer Lingus, and the Irish government, which holds a 25.1% stake.
    | Sun, Jan. 25, 4:37 AM | Comment!
  • Aug. 27, 2014, 7:22 AM
    • Ryanair (NASDAQ:RYAAY) will be one of the bidders for Cyprus Airways, according to Bloomberg.
    • An acquisition would only be the second in the budget carrier's 29-year history.
    • Cyprus Airways flies to a dozen airports across Europe and the Middle East
    | Aug. 27, 2014, 7:22 AM | Comment!
  • Jun. 19, 2012, 6:54 PM
    Ryanair (RYAAY) says it's offering $873M for the remaining shares of rival airline Aer Lingus Group PLC. The company already owns 29.82% of Aer Lingus, and had tried once before to acquire the airline in late 2006, but was unsuccessful.
    | Jun. 19, 2012, 6:54 PM | Comment!
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Company Description
Ryanair Holdings PLC provides airline-related services including scheduled services, ancillary services including car hire services, internet and other related services to third parties, across a European route network.
Sector: Services
Country: Ireland