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9 Sep 3:34am

EasyJet rejects takeover approach amid £1.2bn fundraising push

The Guardian
Airline says unnamed bidder no longer considering an offer as company warns of drawn-out recovery EasyJet revealed it had received and rejected a takeover approach as it launched a £1.2bn fundraising to see it through a slow recovery from the coronavirus pandemic. The budget airline said it had “received an unsolicited preliminary takeover approach”, but that it was “unanimously rejected” by its board. The unnamed bidder is no longer considering an offer, easyJet said.
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