EasyJet shares soar 10% as budget airline agrees to $7.3 billion Castlelake takeover

EasyJet shares surged in early dealmaking Monday after it agreed in principle to takeover bid from Castlelake.

easyJet’s Board Backed A Takeover Deal. Its Stock Is Soaring.

Jet shares surged in London trading after the airline agreed in principle to an improved takeover proposal from U.S. investment firm Castlelake valued at about $7.3 billion.

EasyJet shares soar 10% on Castlelake’s $7.3B takeover bid for budget airline

EasyJet shares soared nearly 10% Monday morning after the UK budget airline agreed to a $7.3 billion takeover proposal from US private-equity firm Castlelake, as low-cost carriers face a major jet fuel crunch.

easyJet Finally Lets Castlelake Board, But It’s Not Wheels Up Yet

The budget airline has agreed in principle to a £5.2 billion takeover proposal, but EU ownership rules still make this landing anything but routine.
Independent.ie

EasyJet shares surge after £5.5bn buyout deal agreed in principle

EasyJet is set to become the latest British company to fall into foreign hands after reaching an agreement in principle to a proposed takeover worth up to £5.5bn (€6.42bn) led by US suitor Castlelake.

EasyJet's flight path from start-up to takeover deal

July 5 (Reuters) - A £5.50 billion ($7.34 billion) deal for U.S. investment firm Castlelake to acquire British budget airline easyJet, announced on Sunday, would mark a new chapter in the carrier's 31-year history.

EasyJet nears $7.3 billion takeover as investors warily eye EU rules

The proposed deal would take easyJet private, though investors remain cautious over EU ownership rules and regulatory approvals.

Stocks to Watch: Strategy, TeraWulf, Micron, easyJet

The budget U.K. airline agreed in principle to a takeover offer by U.S. investment firm Castlelake, in a [deal that could exceed $7 billion](