Eu blocks Ryanair bid to take over Aer Lingus
EU blocks Ryanair bid to take over Aer Lingus The European Union's antitrust authority on Wednesday blocked budget airline Ryanair's renewed bid to take over Irish carrier Aer Lingus on grounds that it would undermine competition and drive up ticket prices.
AER LINGUS and Ryanair have both been forced by the Irish Takeover Panel to clarify statements they made in relation to the increasingly bitter takeover battle between the airlines.