Icelandic investors quit EasyJet

Takeover speculation surrounding easyJet cooled today after an Icelandic investor sold its 16.9% stake for a profit of almost £100m (€143m).

Icelandic investors quit EasyJet
Wed, 05 Apr, 2006 - 08:44

Takeover speculation surrounding easyJet cooled today after an Icelandic investor sold its 16.9% stake for a profit of almost £100m (€143m).

FL Group first invested in the British low-cost airline nearly two years ago and fuelled interest in its intentions by upping its stake on several occasions.

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