16 hours

EasyJet rejects £4.7bn takeover offer from US investment firm Castlelake

www.bbc.com English

The airline describes the latest bid approach from Castlelake as "highly opportunistic".

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BananaTrifleViolin@piefed.worldEnglish
12 hours
I’m interested to know how legal their proposed work around to the EU rules that an EU airline has to be “>80% owned by EU citizens”. It being in a holding company owned by 2 Europeans but actually somehow owned by a US Investment company seems very dodgy.

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