EasyJet Agrees to $7.3 Billion Takeover Bid from US Investors
Budget airline EasyJet has agreed in principle to a $7.3 billion takeover bid from US investment firm Castlelake, causing its shares to jump significantly. The deal could potentially lead to the airline's restructuring or even its breakup, raising concerns for some of its operational bases.
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EasyJet reaches 'agreement in principle' over potential takeover
The low-cost airline had previously rejected four takeover offers from US investment firm Castlelake.
Read full article →EasyJet reaches outline agreement on £5bn takeover by Castlelake
Airline’s board says it is minded to recommend proposal by US private credit group
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Rolling coverage of the latest economic and financial news England’s victory against Mexico in the World Cup last night was a win for the UK’s high streets too – footfall was up 143.6% year-on-year between midnight and 6am, according to figures from the monitoring company MRI Software (although it worth noting that there was no World Cup match at that time last year). Footfall in market towns was up 175.5%, and in historic towns it was up 159.9%, it found. Jenni Matthews, a retail analyst at...
By Lauren Almeida
Read full article →EasyJet shares soar 10% as budget airline agrees $7.3 billion Castlelake takeover
EasyJet shares surged in early dealmaking Monday after it agreed in principle to takeover bid from Castlelake.
Read full article →EasyJet agrees to a takeover price. The market has its doubts on the deal.
EasyJet shares traded at a discount to the price the U.K. airline says it’s reached with an American investment firm on a buyout.
By Steve Goldstein
Read full article →EasyJet shares surge after reaching outline £5.5bn buyout proposal from US firm
The budget airline said it would be ‘minded’ to accept Castlelake’s higher approach worth £6.90 a share.
By Holly Williams
Read full article →EasyJet agrees in principle to Castlelake's $7.3 billion takeover bid
Read full article →EasyJet agrees in principle to $6.9B takeover offer from Castlelake
Read full article →EasyJet shares jump on $7.3B takeover deal, but investors stay wary
Shares in British low-cost carrier easyJet jumped as much as 11.4% on Monday after the airline agreed in principle to a 5.5 billion-pound ($7.34-billion) takeover bid from Ca...
Read full article →EasyJet reaches ‘agreement in principle’ over potential takeover
EasyJet has reached an agreement in principle with a US investment firm on a potential takeover offer valued at around £5.2 billion.
By Abubakar Ibrahim
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