Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Regulatory Approval

18th Jan 2008 12:32

easyJet PLC18 January 2008 easyJet secures regulatory approval for its acquisition of GB Airways Limited Further to its announcement of 25 October 2007, easyJet plc ("easyJet") ispleased to announce that it has today received clearance from the Office of FairTrading for the acquisition by its wholly-owned subsidiary easyJet AirlineCompany Limited of the entire issued share capital of GB Airways Limited fromBland Group Limited. The acquisition has already been cleared by other relevantcompetition authorities in Germany, Portugal, Cyprus and Spain. Accordingly, the conditions to completion in the sale and purchase agreementdated 25 October 2007 have now been satisfied and completion of the acquisitionis due to occur by no later than 31st January 2008. Save as disclosed above, there has been no significant change affecting anymatter contained in the announcement dated 25 October 2007 and no othersignificant new matter has arisen which would have been required to be mentionedin that earlier announcement if it had arisen at the time of the preparation ofthat announcement. A further announcement will be made when completion of the acquisition hasoccurred. For further details please contact: Rachel Kentleton, Investor Relations +44 (0) 7961 754 468Toby Nicol, Corporate Communications +44 (0) 1582 525 339 This information is provided by RNS The company news service from the London Stock Exchange

Related Shares:

easyJet
FTSE 100 Latest
Value8,409.21
Change-8.13