
International Consolidated Airlines' (IAG) offer to buy a 25% stake in Aer Lingus was not persuasive enough, according to a senior Irish government minister. The Irish carrier's board recommended the £976m offer from IAG subject to government's approval, but the development has been met by staunch p
Insurance giant Standard Life surged after beating forecasts with a 19% increase in annual operating profit before tax from continuing operations to £604m, while the total dividend was lifted 7.8% to 17.03p per share. The recent acquisition of Ignis also helped it to increase assets under administra
Following the close of trading on Friday Ireland's flag airline carrier recommended to its shareholders the take-over bid tabled last month by rival IAG. The chief executive of Aer Lingus, Colm Barrington, said the company's board was convinced of the company's ability to continue growing following
Tullow Oil topped the fallers after deciding to suspend its final dividend for 2014, as the exploration and production company swung to a loss of over $2bn on the back of hefty impairment charges and exploration write-offs. "2014 was a difficult year for our industry and a challenging one for Tullow
IAG would be willing to consider improving its commitments to Ireland in order to clinch Dublin's approval for its £1.36bn bid for its smaller rival Aer Lingus, according to reports. Among other commitments made so far, IAG has already indicated that it will not sell Aer Lingus's slot pairs at Heath