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Old 15th Sep 2011, 16:05
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dublinaviator
 
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Originally Posted by Lord Lardy
I was only aware of rumours of a minority 25% being potentially for sale. I wasn't aware Aer Lingus itself was up for sale.
The government want to sell their 25% stake, but Ryanair have also said they may well sell their 29% stake too if the price is right. So its a given that with that scenario, any potential buyer would have eyes on a takeover.

Originally Posted by peacock1
Sale of gov't stake not now likely.
2,000,000,000 euro to be raised by a partial sale of the ESB.
That is the amount required under the EU/IMF deal.
Further sale of State assets not necessary.
You'd wanna tell the government that, because they seem to think its still for sale and according to Leo Varadkar they've been approached by a few airlines about buying their stake.

Also the government need to raise €2 billion in total from the sale of state assets. They won't get that from selling part of the ESB alone.
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