Reuters
• Alessandro Parodi, Joanna Plucinska, Julia Payne
EU to review airline ownership rules, threatening US-backed takeover bids for easyJet
The European Commission is preparing a review of EU airline ownership and control rules aimed at blocking foreign investors from gaining effective control of European carriers, an official told Reuters. The move raises uncertainty around two US investment firms’ takeover bids for easyJet, following a sharp share selloff.
