EasyJet shares surge nearly 10% following £5.5bn takeover agreement

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EasyJet shares surge nearly 10% following £5.5bn takeover agreement

The Guardian · 1 day ago

Airline’s board to recommend offer of £6.90 a share in deal analysts say shows UK firms are being bought on the cheapShares in easyJet surged nearly 10% after the airline agreed to a £5.5bn takeover at the fifth attempt, but analysts said that it showed UK firms were being bought on the cheap.The low-cost carrier’s…

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Originally published by The Guardian as “EasyJet shares jump almost 10% after it agrees £5.5bn takeover bid”.