Deutsche Lufthansa AG’s pay skirmish with its pilots, already among the best paid in Europe, stands in contrast to rival IAG SA’s success in slashing wages - - and reaping investors’ reward in the process.
Forth Ports Plc , which yesterday agreed to a 746 million-pound ($1.21 billion) cash takeover, would have informed shareholders of any prospective counterbid, Chief Executive Officer Charles Hammond said in an interview.
Ryanair Holdings Plc will struggle to overcome regulatory barriers to its renewed bid for Aer Lingus Group Plc, analysts said today as shares of the target carrier traded more than 10 percent below the offer price.
Flybe Group Plc rose 13 percent, leading advancing stocks on the FTSE All-Share Index, after Europe’s biggest regional airline said it’s in talks to sell take-off and landing slots at London Gatwick airport.
Even before sealing a merger of British Airways and Spain’s Iberia, Willie Walsh, the deal’s architect, said he had 12 more targets in his sights. Eighteen months later, he may have more opportunities than he can handle.
Forth Ports Plc , Britain’s last listed ports operator following a spate of takeovers, accepted a cash offer worth almost 746 million pounds ($1.22 billion) from Arcus European Infrastructure Fund 1 LP.