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Old May 27, 2015 | 1:44 am
  #600  
irishguy28
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Originally Posted by Worcester
I don't but the brought the shares at well below the offer price so will make a decent profit, was will Eithad with their 4% stake.
This is incorrect - Ryanair bought many, many years ago when the share price was much higher than it has been in the last 5 years.

Ryanair's 2012 takeover offer was for just €1.30 a share - just under half the IAG offer of €2.55 - valuing the airline at just €694 m.

Etihad will make their money back, and more; Ryanair will lose money, but had written off most of the investment already anyway.
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