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9 Sep 7:19am

EasyJet rejects Wizz Air 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 has rejected a takeover approach from rival Wizz Air and is launching 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.
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