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Topic: castlelake

An easyJet Airbus A320 aircraft

Sunday, 7/5, 07:37 PM

EasyJet Agrees in Principle to a £5.2 Billion Castlelake Takeover After Months of Rejections

EasyJet's board has agreed in principle to a £5.23 billion takeover by the US private-credit firm Castlelake at 690 pence a share, a reversal after rejecting four earlier bids.
The deal is not yet binding: the two sides have until August 3 to finalize terms, and shareholders and regulators still have to weigh in.

In brief

Markets 56 d

EasyJet Rejects Castlelake's Fourth Takeover Bid at 650 Pence a Share

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