Ryanair denies EasyJet takeover plans
 

Sounds like someone was just winding up the media people

Or meybe the media just generates its own rumours in order to get a denial?

http://www.rte.ie/business/2004/1022/ryanair.html

They denied Buzz takeover plans too. :uhoh:

Easyjet to be bought out
 

Easyjet shares jump 20% on Icelandic buyout! Now nobody thought of that.

Just seen this on Sky News business report but they didn't say which Icelandic company it is. Does anyone know?

Air Atlanta trying to buy easyJet
 

Just seen on the news that Air Atlanta are trying to buy easyJet.

Probably exaggerated by Sky News but I've found some info here...

http://quote.bloomberg.com/apps/news...4byuI&refer=uk

http://www.guardian.co.uk/business/s...333053,00.html

Money
 

No smoke without fire...?

Heard this on the news at noon. (channel 4)
Icelandic co. (un-named) RUMOURED to be involved in EZ takeover. Apparently 18 million shares have traded today already. Thats 3 times the daily average. Then there was a bit of waffle about how they're being hit by the current Oil Crisis.

Can I buy easyJet?
 

Well, everyone else is having a go!

Seriously, I thought Stelios was considering a buyback?

What with? On paper, the guy's as rich as Croesus - but only on paper. He's ploughed his personal wealth into his startups.

itchy kitchin


To correct your last post , it's a little more than 18 Millions! --- > It's more than 71 Million at 14:05 GMT. No smoke without fire for sure.

SF

ramsrc is right
 

I have to agree with ramsrc, Ryanair denied the Buzz rumour for a number of weeks and then made an announcement once they entered a stock market open period the day they announced their 3rd Quarter results in February 03. Ryanair Q2 results were due out on November 1st but were moved to November 2nd to facilitate European investors who are on national holiday on November 1st. Seems to me they would only do that if they were expecting a big movement in the share price on the day of the results and did not want to catch European investors off guard and alienate them as shareholders in the future............

Viking Invasion
 

Pointy hats in Luton?

http://news.bbc.co.uk/1/hi/business/3944849.stm

Shares up to 125p bu99eration!

D:/

I cannot imagine that any regulator would allow RYR/EZE to combine their businesses. To start with they already have a monoplly as defined by the relevant EU regulations at STN, LTN, DUB and that would be extended in any merger. In any event Stelios still controls 41% of EZE and no one could buy the company without his approval. There is no indication that any such thing is likely.

What is much more likely is that EZE is considering going private in order to funs an acquisition without the gaze of the stock market. Jet2/Globespan are obvious opions and they both need greater and more cost effective marketing, which EZE could easily provide.

It is also likely that EZE will be considering a realignment of its Airbus orders. The A319 is already looking to be too small for many LGW routes and some A320's and maybe even A321's are needed there. Acquisitions and amending aircraft orders could be done much more easily by taking the company private.

Why Air Atlanta would wish to but sgares beats me. It is really only an ACMI operator and has no possibility of gaining the approval of Stelios. It would not bring any strengthening of the business.

We shall see.

Unlike those bankers in the city who have mercilessly trashed the shares this past few months:E

Contrary to all rumours, I can categoricallly state that I have no intention of buying a controlling share in Easyjet. My friends all deny interest as well.

So does Branson...................and Chris Tarrant.........and Cherie Blair.................

Now that's enough for a few more rumours!

Looks like the Icelanders have increased their stake to 10.1% this week. Pushing the share price up 4.5 to 151.50.

What does the influx of Icelandic money mean to the employees of Easyjet?

We were chatting about this at work today and all seemed to be under the impression that Air Atlanta had put money into Excel.

Would the Icelanders have the management ability to make a go of Easy? I suspect that they'll find there's a lot more to running Europe's largest short-haul airline than just screwing the staff!

not joking,

Air Atlanta Iceland own 100% of EXCEL.