Friday, March 30, 2007

EU sends Ryanair formal charges on Aer Lingus bid

(Reuters) - BRUSSELS, March 30 - The European Commission has formally expressed antitrust concerns to Ryanair about its possible takeover of rival Irish airline Aer Lingus , sources familiar with the situation said on Friday.

Ryanair will be given an opportunity to respond to the charges, listed in a statement of objections from the European Union's regulatory arm, and to have a closed hearing.


Read more at Reuters.com Mergers News

No comments: