European Commission okays acquisition of Aer Lingus by IAG, with conditions

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(AFP) The European Commission on Tuesday authorised the takeover of Irish airline Aer Lingus by the International Airlines Group (IAG), while setting conditions aimed at addressing concerns over competition, a statement said.

“The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Irish airline Aer Lingus by International Consolidated Airlines Group (IAG),” it said.

SOURCE AFP