FTSE 100 Flat; Easyjet to Update Markets After Share Slump on EU Ownership Review

The FTSE 100 is expected to open flat as Easyjet prepares to update markets following an 11% share slump triggered by reports that the EU is reviewing foreign ownership rules for airlines, throwing a potential takeover into doubt. Easyjet had agreed terms with Apollo on a £5.7bn deal. Meanwhile, US markets fell amid fresh US-Iran tensions, and Brent crude oil prices broke $95 a barrel for the first time since a ceasefire last month. In corporate news, FTSE 100 real estate firm Segro said it was 'minded to accept' a £14bn takeover from US firm Prologis, adding to a string of recent private takeovers of UK-listed companies, including Mitie for £3.1bn.

First published Aug 4, 02:59 PM UTCUpdated Jul 23, 05:30 AM UTC1 reports · 1 sources

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Opened from WirecurrentJul 23, 05:30 AM UTC

FTSE 100 Flat; Easyjet to Update Markets After Share Slump on EU Ownership Review

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FTSE 100 Flat; Easyjet to Update Markets After Share Slump on EU Ownership ReviewCity AMWesternJul 23, 05:30 AM UTC

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