Goldman to Board the Easyjet for Iceland Battle

Summary


EASYJET, the low-cost airline, has appointed top City bank Goldman Sachs in what is being seen in the City as the first attempt to defend itself from any future bid approach by FL Group, the potential Icelandic predator.

The recruitment of the powerful US giant illustrates how seriously the company is taking the threat posed by FL, which owns Icelandair and has been circling EasyJet for a number of months.

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Extract


Goldman to Board the Easyjet for Iceland Battle

But the decision comes as a blow to Credit Suisse First Boston which was responsible for floating the business five years ago and has play...

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