Monday 11 December 2006

Business News

  • Ryanair has set a third deadline, December 22, for Aer Lingus shareholders to accept its €1.49bn takeover bid for the national carrier. When the second deadline expired on Monday the owners of some five million shares had taken up the offer, but this amounted to just one percent of the total, bringing the Ryanair holding to more than 26%.
  • Croke Park was the chosen venue for the launch by Microsoft of its new operating system, Windows Vista, and the simultaneous launch of Microsoft Office Suite 2007 and Exchange Server 2007. Some 3,000 business personnel attended the event at which the keynote address was given by former US astronaut Neil Armstrong, the first man to walk on the moon.