EasyJet shares jump after report of potential takeover bid

Investors including MSC consider offer, with options ranging from majority stake to full control, report says

Shares in easyJet jumped after reports that the Swiss-headquartered shipping company MSC was considering a takeover of Europe’s second-largest budget airline.

The shares shot up 12% after a report from Corriere Della Sera, an Italian publication, which cited three unnamed sources familiar with the matter, their biggest bump in three years.

Continue reading...