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This announcement originated from IAG. You can view all announcements from PPT and see how they appear on a price chart on the announcements page. At the date of this announcement, PPT was 1.316% short sold according to ASIC data. It was ranked the 156th most shorted stock on the ASX.
British airline holding company International Airlines Group (IAG), led by Willie Walsh, is buying Irish national flag carrier airline Aer Lingus in a £961 million (US$1.36 billion) deal, after gaining approval from its biggest shareholder Irish low-cost airline Ryanair, led by Michael O’Leary, according to Business Insider.. IAG, which owns UK-based airline company British Airways,