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Aer Lingus declines to comment on Ryanair takeover bid

05/10/2006 - 12:30:36
Aer Lingus has declined to comment on this morning's announcement by Ryanair that it is planning a takeover bid for the national airline.

Ryanair said this morning that it had already acquired 16% of shares in Aer Lingus and was offering €2.80 per share for the remainder.

A spokesman for Aer Lingus said the airline was considering the development, but was not in a position to make any further comment.



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