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EasyJet shares rally 10% on potential $7.3 billion acquisition by Castlelake
EasyJet shares jumped nearly 10% after the airline reached an agreement in principle with US investment firm Castlelake over a potential $7.3 billion acquisition. Castlelake's revised offer of £6.90 per share represents a nearly 24% premium to easyJet's previous closing price.
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cityam.com
Easyjet board reaches agreement over £5bn Castlelake takeover
The offer of £6.90 per share for Easyjet remains short of the £7 per share offer that some shareholders had been holding out for.
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theguardian.com
EasyJet agrees to £5bn takeover by US investment firm
Agreement in principle with Castlelake follows several rejected offers and means UK’s biggest low-cost carrier will be taken private
