EasyJet says it is open to takeover despite dismissing US investor interest
AI Summary
EasyJet has indicated it's open to a takeover, even as it dismissed US investor Castlelake's interest as opportunistic. This move comes amid travel sector turbulence caused by Middle East instability, which has shaken confidence and pushed easyJet's share price down. While Castlelake's bid is in its infancy, the airline's openness to takeover signals potential vulnerability in a challenging market environment, highlighting broader concerns about the sector's stability.
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