Etihad ups stake in Aer Lingus to 4.1per cent
It increased stakes via series of share purchases in March.
March 21, 2014
Abu Dhabi’s Etihad Airways has increased its stake in Ireland’s Aer Lingus to 4.1 percent via a series of share purchases in March.
The Gulf carrier last week spent €10m ($13.9m) buying nearly six million shares in the Irish airline, increasing its shareholding from 2.98 percent to 4.11 percent and valuing its stake at around €37m.