EasyJet Rejects Takeover Bid, Unveils Rights Issue To Aid Recovery

Easyjet
Credit: EasyJet
EasyJet said it had rejected a takeover offer as it establishes plans for a £1.2 billion ($1.7 billion) rights issue and a new $400 million credit facility that should help protect it from the risk of a faltering pandemic recovery. The UK budget carrier said its board had recently received an...
Helen Massy-Beresford

Based in Paris, Helen Massy-Beresford covers European and Middle Eastern airlines, the European Commission’s air transport policy and the air cargo industry for Aviation Week & Space Technology and Aviation Daily.

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