During early trading on Tuesday, shares of budget airline EasyJet (EJTTF) surged 3.6% following reports that MSC Group may launch a takeover bid for the company. The potential acquisition scenarios reportedly include both a full buyout and a controlling stake purchase.
EasyJet's stock has declined 14% year-to-date, making this development particularly noteworthy as it underscores investor interest in strategic consolidation within the aviation sector.