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Update: Aer Lingus rejects Ryanair’s offer

31 July 2012

Aer Lingus publishes a circular to shareholders outlining its reasons for recommending a rejection to the offer.

Read more: Aer Lingus Ryanair

Aer Lingus has published a 30 page circular to its shareholders explaining its reasons for rejecting Ryanair’s latest takeover bid.

The paper begins with the call “Reject Ryanair’s offer....


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Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.


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