Aer Lingus IPO range 'fair' as labour deal comes closer

14 Sep 2006

Aer Lingus announced on Tuesday a price range of Eu2.10-Eu2.70 for its roughly Eu675m IPO and said it expected to complete the deal on September 27.
If the sale is priced at Eu2.40, the midpoint of the price range, the Irish government will sell 72.7m existing shares for Eu175m ...

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