Ryanair will formally agree to sell its 29.8% Aer Lingus stake to International Airlines Group (IAG) on July 16, marking a major milestone for IAG’s Aer Lingus takeover plans. In a statement issued Friday, Ryanair said its board has unanimously backed the IAG bid and will vote in favor of the motion during Aer Lingus’ extraordinary general meeting. It will also support the Irish government’s plans to take a golden share to protect Aer Lingus’ Heathrow ...

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