Aer Lingus IPO cleared for take-off as pricing based on Iberia pleases analysts
Aer Lingus launched its high profile Eu400m-Eu600m IPO this week, but as bankers worked to promote the deal, the Irish airline's trade unions began an impassioned campaign to oppose it.
The size of the deal is still uncertain and will depend partly on market reception, but a source close to the company said the flotation was expected to value Aer Lingus at Eu750m-Eu950m.
As part of the IPO on the London and Dublin stock exchanges, the Irish state hopes
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