Edition:
United States

EasyJet confirms acquisition of Air Berlin's Tegel operations


Monday, 18 Dec 2017 02:00am EST 

Dec 18 (Reuters) - Easyjet Plc ::- ‍STATEMENT ON ACQUISITION OF AIR BERLIN OPERATIONS​.‍CAN CONFIRM THAT IT HAS ACQUIRED PART OF AIR BERLIN'S OPERATIONS AT BERLIN TEGEL AIRPORT​.‍ACQUISITION WILL RESULT IN EASYJET OPERATING 25 AIRCRAFT FROM BERLIN TEGEL AIRPORT​.- ‍CAN CONFIRM THAT IT HAS ACQUIRED PART OF AIR BERLIN'S OPERATIONS AT BERLIN TEGEL AIRPORT​.‍AGREEMENT INCLUDES EASYJET LEASING FORMER AIR BERLIN AIRCRAFT, TAKING OVER OTHER ASSETS INCLUDING SLOTS, AND OFFERING EMPLOYMENT TO FORMER AIR BERLIN FLYING CREW​.- ‍CITIGROUP GLOBAL MARKETS LIMITED ACTED AS FINANCIAL ADVISER AND CLIFFORD CHANCE LLP AS LEGAL ADVISOR TO EASYJET ON TRANSACTION​.