RE: Stobart and easyJet15 Nov 2018 07:38
LONDON (Alliance News) - Budget airline Flybe Group PLC, which put itself up for sale on Monday, is a takeover target for both peer easyJet PLC and Stobart Group Ltd, the Financial Times reported on Thursday.
Infrastructure firm Stobart dropped a bid for Flybe in March this year after it was rejected by Flybe, and the FT said it is now not ruling out making another bid.
easyJet, the newspaper continued, has said it will evaluate all opportunities for consolidation when they arise.