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After 26 Years, Sir Stelios Loses Control of EasyJet
© greekreporter | After 26 Years, Sir Stelios Loses Control of EasyJet

Sir Stelios Haji-Ioannou has lost his grip on easyJet, the company he founded in 1995. Credit: easyGroup / Wikimedia CommonsEasyJet founder Sir Stelios Haji-Ioannou has lost his control over his budget airline, after the company raised £1.2 billion in extra cash. Sir Stelios’ blocking stake is now diluted after he chose not to purchase new shares in a rights issue following a takeover swoop by low-cost rival Wizz Air.The Greek Cypriot billionaire and his family now own 15.3% of the ….. Read More On: greekreporter

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