Two of the largest shareholders in Icelandic airline PLAY, CEO Einar Örn Ólafsson and Deputy Chairman Elías Skúli Skúlason, have announced plans to launch a takeover bid for all outstanding shares of the company at a price of 1 ISK per share, with the intention of delisting the airline from the stock market.Investors face heavy losses as PLAY founders launch buyout bid
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June 11, 2025
Two of the largest shareholders in Icelandic airline PLAY, CEO Einar Örn Ólafsson and Deputy Chairman Elías Skúli Skúlason, have announced plans to launch a takeover bid for all outstanding shares of the company at a price of 1 ISK per share, with the intention of delisting the airline from the stock market.
