Friday 9 January 2015

RARE alert kicks off 2015 in style!

I see British Airways owner IAG has finally confirmed my first ever RARE alert, which was published on January 2, 2015.

The owner of British Airways has just said it raised its takeover offer for Irish airline Aer Lingus to EURO 2.40 a share on December 29, 2014. Here is a link:

On January 2, 2015 I wrote IAG raised its offer for Aer Lingus to between EURO 2.40 and EURO 2.60 a share. Here is a link to that piece:

It's a shame, though, it's taken a week for IAG to confirm my original story. I'm also slightly surprised the airline group hasn't elaborated on the discussions between advisers since then, which I am told has seen IAG indicate it is willing to raise its offer further. Here is a link to this morning's RARE alert:

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