Thursday 18 December 2014

Another FT deal scoop

The Financial Times is really on fire at the moment. Following yesterday's scoop about a takeover bid for Lloyd's of London insurer Catlin the venerable newspaper this afternoon broke the story about the owner of British Airways considering a 1.1 billion Euro offer for Aer Lingus. Here is a link to that piece:,Authorised=false.html?

Shortly after the publication of the FT article, IAG said it: "confirms it submitted a proposal to make an offer for the Company, which has been rejected by the Board of Aer Lingus."

Bonuses and pay rises all round then, Ed?

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