Ryanair Loses Bid To Block UK Probe Of Aer Lingus Stake

Law360, New York (December 13, 2012, 7:36 PM EST) -- A U.K. regulator will continue investigating the potential antitrust implications of Ryanair Holdings PLC's minority stake in Aer Lingus Group PLC after a U.K. court found the probe doesn't overlap a separate investigation into Ryanair's $907 million attempt to buy its rival outright, the reluctant acquisition said Thursday.

The Irish airline said in a statement that it "welcomes" the U.K. Court of Appeal's ruling rejecting Ryanair's attempt to put an end to the U.K. Competition Commission's investigation into its 30 percent stake in Aer Lingus, which...
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