EasyJet’s board has surrendered too easily to US bidder
The Guardian's Nils Pratley criticizes the board of easyJet for agreeing to a takeover bid from Castlelake too quickly. He argues the airline has strong growth potential and the board failed to negotiate aggressively enough for shareholders.
EasyJet has good assets and a credible path to get operational metrics closer to Ryanair. It is not a crisis-ridden business. EasyJet has good assets and a credible path to get operational metrics closer to Ryanair. It is not a crisis-ridden business. Nils Pratley on finance easyJet EasyJet’s board has surrendered too easily to US bidder Nils Pratley The company’s target to hit £1bn profitability is intact. Why isn’t the board putting up a proper fight?
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