UK: EasyJet Rejects Unsolicited Preliminary Takeover Approach


brought to you by:

dre aviation

Africa's Leading Airline Consultancy


Source: Bloomberg


dre aviation Comment:

"Easyjet should be expanding and should have taken market share in this period of downturn, it certainly shouldn't be a take over target. The Board did well to rebuff the takeover offer and to intimate a share sale, more cash means a stronger balance sheet and potential to move quickly if new opportunities are identified."


Sukh Mann

Managing Partner

dre aviation



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