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EasyJet shares reveal deal risk as $7.3 billion takeover advances
EasyJet shares surged after agreeing in principle to a £5.5 billion takeover by Castlelake, though the stock remained below the offer price amid concerns over EU ownership rules and deal structure. Analysts flagged regulatory and shareholder approval risks, while the bidder must formalise its offer by August 3.
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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
