Iceland-based carrier beefs up easyJet stake

Icelandic investors have upped their stake in easyJet within 48 hours of buying the fourth-largest budget airline in Europe, it emerged today.

Iceland-based carrier beefs up easyJet stake

Icelandic investors have upped their stake in easyJet within 48 hours of buying the fourth-largest budget airline in Europe, it emerged today.

Shares in easyJet surged 6% yesterday as rumours of a big trade echoed around the City, reviving takeover speculation that recently drove the stock to an 18-month high.

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