Europe

Aer Lingus calls on shareholders to reject Ryanair takeover bid

Aer Lingus tail fins
Image caption Aer Lingus suffered badly as the Irish Republic's economy went into decline

Irish airline Aer Lingus has repeated a call to shareholders to reject a Ryanair bid for the company.

Aer Lingus says the 694m euro offer undervalues the company.

Ryanair has asked European regulators to approve the bid.

Two previous Ryanair offers were rejected by the European Commission.

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