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If they don't they will be forced be authorities in UK/Europe anyway at some stage.
Legally now impossible to enforce as the takeover has proven the basis for decision was incorrect. Attempts by a majority shareholder to enforce a sale would set all kind of precedents that UK would want to avoid.
Lots of legal precedence and protection for minority shareholders and UK would basically have to scrap them all.
It would basically mean that takeover law would change which would annoy Tory paymasters.
In practice Ryanair will probably just take the cash after forcing this to go through monoplies and mergers review.
Why are you persisting over and over with this blatant distortion of reality?
You insist that the blocking of a takeover was the basis for the decision. It wasn't. It was a minor part of it.
Secondly, if Ryanair doesn't sell its share, and IAG withdraws, then FR WILL HAVE BLOCKED A TAKEOVER thus proving the decision correct.
Who are you trying to fool?