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Irish PM expects decision on Aer Lingus sale later on Tuesday

Reuters - UK Focus

DUBLIN, May 26 (Reuters) - The Irish government expects to make a decision later on Tuesday on the potential sale of its 25 percent stake in Aer Lingus (Other OTC: AELGF - news) to IAG, the owner of British Airways and Iberia which launched a takeover bid for the Irish carrier in January.

Cabinet ministers began to discuss the offer earlier on Tuesday after receiving a report by an advisory group and will reconvene at 1715 GMT.

"The (transport) minister briefed the cabinet on a number of changes since this was first discussed. We have not finished our deliberations but I would expect to conclude them this evening," Irish Prime Minister Enda Kenny told parliament. (Reporting by Padraic Halpin; Editing by Greg Mahlich)