International Airline Group (IAG), owners of British Airways and Spanish carrier Iberia is understood to have offered £1bn, £1.87 (€2.50) per share in a cash bid for the Irish Carrier Aer Lingus, which persuaded the company to enter formal talks and recommend the offer to shareholders. Earlier Aer Lingus board had rejected offers of €2.30 and €2.40per share.…
London rn@thesaturnherald.com
