Easyjet shares soar after takeover rumour

Shares in budget airline easyJet soared 20% today on the back of rumours that an Icelandic carrier was mulling a takeover bid.

Easyjet shares soar after takeover rumour
Fri, 22 Oct, 2004 - 17:32

Shares in budget airline easyJet soared 20% today on the back of rumours that an Icelandic carrier was mulling a takeover bid.

Traders named Air Atlanta Icelandic, which recently took over Excel Airways in the UK, Iceland Express and Icelandair as potential suitors for the no-frills carrier.

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CourtsBusinessHeathrowPlace: UKPlace: North AtlanticPlace: LutonPerson: Stelios Haji-IoannouPerson: Haji-IoannouPerson: SteliosPerson: Penny ButcherOrganisation: EasyJetOrganisation: Air Atlanta IcelandicOrganisation: Excel AirwaysOrganisation: Iceland ExpressOrganisation: IcelandairOrganisation: RyanairOrganisation: Morgan Stanley
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