The budget airline said it has reached ‘an agreement in principle’ with US investment firm Castlelake.
Published on
06/07/2026 - 11:00 GMT+2
EasyJet shares jumped on Monday after the British low-cost airline said it had reached an agreement in principle with US investment firm Castlelake on the key financial terms of a potential takeover valuing the carrier at more than £5 billion (€5.84bn).
This follows a month of successively higher proposals from Castlelake and negotiations between the two companies.
However, Castlelake has not yet made a legally binding firm offer.
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