EasyJet rejects Wizz Air takeover approach amid £1.2bn fundraising push
Airline says unnamed bidder no longer considering an offer as company warns of drawn-out recovery
EasyJet has rejected a takeover approach from rival Wizz Air and is launching a £1.2bn fundraiser to see it through a slow recovery from the coronavirus pandemic.
The budget airline said it had “received an unsolicited preliminary takeover approach” but that it was unanimously rejected by its board.



