BUZZ-UK's easyJet shares sink after Reuters reports EU to review airline ownership rules

Apollo Global Management Inc
ProShares Ultra MSCI Japan

Apollo Global Management Inc

APO

0.00

ProShares Ultra MSCI Japan

EZJ

0.00

** Shares of British budget airline easyJet EZJ.L down nearly 9% to 604.2p

** European Union will review airline ownership rules in autumn to prevent foreign investors from taking full control of European carriers, a Reuters exclusive reported on Wednesday

** EU review threatens the takeover bids tabled by U.S. investment firms Apollo APO.N and Castlelake for easyJet

** YTD, stock is up ~17%

($1 = 0.7476 pounds)


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