05 jul 2026
EasyJet signals it would recommend takeover offer based on latest Castlelake approach
US investor proposes £6.90-per-share acquisition in new submission to UK budget carrier. US-based investor Castlelake has made a new proposal for the acquisition of UK budget carrier EasyJet, and the airline’s board has signalled that based on these financial terms it would be prepared to recommend a formal offer to shareholders. The proposal, made on 4 July, is the fifth to be submitted by Castlelake and is based on a £6.90-per-share acquisition. EasyJet’s board says that, if Castlelake makes a firm offer based on these financial terms, it “would be minded” to recommend it to shareholders.
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