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EasyJet may be a takeover target for IAG or Air France-KLM, according to The Times and Michael O'Leary

Tucked away in the middle of today's The Times business section is a rather intriguing piece by Rob Lea of The Times that suggests FTSE 250-listed buget airline easyJet may soon become a bid target.

The piece starts off with the suggestion that IAG, owner of British Airways and Iberia, is keen on carrying out further consolidation of the European airline sector and that TAP, the Portuguese flag carrier, could be its next target...