After rejecting takeover bid

Easyjet to ask shareholders for £1.2bn

Takeover approach rejected, fresh money needed: Easyjet fights against the impact of the Covid-19 crisis.
Michael Penner
Takeover approach rejected, fresh money needed: Easyjet fights against the impact of the Covid-19 crisis.

The board of British budget airline Easyjet has "unanimously rejected" a takeover approach and announced plans to raise £1.2 billion (€1.4 billion) from shareholders. The low cost carrier said it had been the target of an unsolicited offer from an unnamed company.

The board of British budget airline Easyjet has "unanimously rejected" a takeover approach and announced plans to raise £1.2 billion (€1.4 billion) from shareholders. The low cost carrier said it had been the target of an unsolicited offer from an unnamed company.#
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