easyjet buy out
Thread Starter
Join Date: Feb 2006
Location: gatwick
Posts: 3
Likes: 0
Received 0 Likes
on
0 Posts
easyjet buy out
Heard today that Icelandair wants to go to the stockmarket to raise the money to buy easyjet.
Spoke to a ex sterling captain and everybody is talking about it in the company.
Spoke to a ex sterling captain and everybody is talking about it in the company.
Join Date: Oct 2002
Location: Northport, NW England
Age: 44
Posts: 339
Likes: 0
Received 0 Likes
on
0 Posts
Easyjetsson...
Interesting potential this one, they already own 15% of the company I believe and I read the other day in Airliner World (sad I know) that there could be potential to merge Icelandair, EJ and Sterling/Maersk to attempt to finish off SAS in shorthaul/domestic.
Beware the Viking raiders....
Beware the Viking raiders....
Join Date: Dec 2001
Location: England
Posts: 1,389
Likes: 0
Received 0 Likes
on
0 Posts
Several weeks old...
http://www.thisismoney.co.uk/news/ar...4&in_page_id=2
Stelios leaves door open for easyJet sale
This is Money
9 January 2006
SHARES in easyJet leapt above £4 for the first time in three-and a half years today as founder and major shareholder Stelios Haji-Ioannou appeared to leave the door open to a takeover bid from the backers of Icelandair.
Amid further concerted buying of easyJet shares today, Haji-Ioannou told the Evening Standard: 'As the owner of the brand, I care who will be the licensee, but I just haven't done enough work to decide if the FL Group [the owner of Icelandair] would be OK or not.'
Continues...
http://www.thisismoney.co.uk/news/ar...4&in_page_id=2
Stelios leaves door open for easyJet sale
This is Money
9 January 2006
SHARES in easyJet leapt above £4 for the first time in three-and a half years today as founder and major shareholder Stelios Haji-Ioannou appeared to leave the door open to a takeover bid from the backers of Icelandair.
Amid further concerted buying of easyJet shares today, Haji-Ioannou told the Evening Standard: 'As the owner of the brand, I care who will be the licensee, but I just haven't done enough work to decide if the FL Group [the owner of Icelandair] would be OK or not.'
Continues...
Join Date: Nov 2001
Location: London Whipsnade Wildlife Park
Posts: 5,040
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Jan 2004
Location: my sofa
Posts: 43
Likes: 0
Received 0 Likes
on
0 Posts
According to the German 'Manager Magazin' they already were in advanced negotiations with Air Berlin but it finally failed. That is why Air Berlin is considering going to the stockmarket as well because they have to finance their expansion.
I guess the Icelandic have a big plan. Where the heck do they have the money from?
I guess the Icelandic have a big plan. Where the heck do they have the money from?
Join Date: Jan 2005
Location: somewhere over the rainbow...
Posts: 101
Likes: 0
Received 0 Likes
on
0 Posts
Iceland werent Vikings, you're thinking of Norway and Sweden. The Vikings invaded Iceland.
Ridiculous point but I just finished an essay on the buggers and wanted to demonstrate my superb (yet useless) knowledge.
ETC
Ridiculous point but I just finished an essay on the buggers and wanted to demonstrate my superb (yet useless) knowledge.
ETC
Join Date: Oct 2002
Location: Northport, NW England
Age: 44
Posts: 339
Likes: 0
Received 0 Likes
on
0 Posts
eoincarey....
I think Iceland was Colonised by the Vikings of Dano-Norwegian I don't think there were any indigenous peoples before them its hardly the cradle of life out there. In any case by default they are direct descendants of Vikings...if we're going to get picky.
I think Iceland was Colonised by the Vikings of Dano-Norwegian I don't think there were any indigenous peoples before them its hardly the cradle of life out there. In any case by default they are direct descendants of Vikings...if we're going to get picky.
Join Date: Jan 2005
Location: One hump; two if you're pretty.
Posts: 293
Likes: 0
Received 0 Likes
on
0 Posts
Northern Lights
Interesting potential this one, they already own 15% of the company
Problem is, ...Advertising...is a greedy swine and a little birdie told me he won't dump his load for less than a fiver per share! As it stands, though, with shares at 375ish pence and a market cap. of 1.56 billion quid, the shares trade at an eye watering P/E ratio of 35.94! Just a whisker above junk grade investment as it is. Surely more than enough to deter even the most ardent northern suitor. Perhaps those in Reykjavik have been made friskier by the sight of SAS bought to its knees. Fun to watch from the safety of distance.
Last edited by Evileyes; 17th Feb 2006 at 19:54.