Aer Lingus Considering Revised Takeover Approach From British Airways Parent

Aer Lingus, an Irish carrier, had previously rejected two recent takeover offers from the International Consolidated Airlines Group, the first of which came in mid-December.

In its latest bid, International Consolidated Airlines Group offered to pay 2.55 euros a share, or about $2.86. That is up from its most recent offer of €2.40 a share, which it made on Dec. 29.

The Irish carrier’s shares closed at €2.35 in Dublin on Friday.

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