Fastjet seeks legal advice after shareholder letter

A tussle between Fastjet Plc and its second-largest shareholder, easyGroup Holdings Ltd, intensified on Friday after the African budget airline said it was seeking legal advice in response to easyGroup threatening to take back the brand. EasyGroup, which owns the Fastjet brand, said in a letter on Thursday there was a risk that Fastjet could become insolvent in the next few months. EasyGroup, controlled by Stelios Haji-Ioannou, also said it could terminate the brand licence agreement if Fastjet