Reports say the owner of British Airways has made a new approach to buy Aer Lingus.
It's believed International Airlines Group submitted a revised proposal in the last few days.
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Sources said the board of I-A-G had authorised an improved all-cash offer worth at least 2.50 a share.
This would value the airline at more than 1.3 billion euro.
Directors of Aer Lingus discussed the proposal on Friday with advisers from Goldman Sachs, according to insiders.
