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:

http://www.ft.com/cms/s/c6fa70fe-86c1-11e4-8a51-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fc6fa70fe-86c1-11e4-8a51-00144feabdc0.html%3Fsiteedition%3Duk&siteedition=uk&_i_referer=http%3A%2F%2Fwww.ft.com%2Fhome%2Fuk#axzz3Ltzlu99D

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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