Aer Lingus shareholders clear the way for IAG takeover

16th Jul 2015 14:50

(ShareCast News) - British Airways and Iberia parent International Consolidated Airlines Group said at an extraordinary general meeting Aer Lingus shareholders had backed its proposed takeover of the Irish carrier.In addition, IAG said it had received notice from the US Department of Justice that its review of the offer had been satisfactorily concluded.Earlier this week, the European Commission cleared the way for a deal to go through, saying IAG and Aer Lingus had made significant concessions to ease competition worries.At 13:58, IAG shares were up 0.4% at 555p.