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Aer Lingus braces for float

Aer Lingus' advisers have scheduled meetings next week with institutional investors and stockbrokers, as the Irish state-owned airline prepares to market its long-anticipated float.

The airline is moving ahead with a dual listing in Dublin and London, intended for the end of September. UBS and Goodbody Stockbrokers, part of the AIB Irish banking group, who are acting as joint global coordinators and advisers to the Irish government, will meet fund managers to gauge pricing as part of the pre-marketing process.

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