easyJet agrees in principle to Castlelake buyout at up to $7.3B, with new offer at £6.90 per share

easyJet’s board has agreed in principle to a proposed takeover by US investment firm Castlelake, valuing the carrier at about £5.23 billion (around $6.9–$7.3 billion) depending on deal framing. Castlelake’s latest approach would acquire easyJet for £6.90 per share (about $9.20), which includes a reported premium of 73% to the prior closing price.

Discovered 2026-07-05T09:44:18.478242-07:00 | 2026-07-05T09:44:18.478242-07:00

Briefing

What Hype is tracking

  • easyJet has agreed in principle to a Castlelake acquisition valued at roughly £5.23 billion ($6.9–$7.3 billion), signaling a major ownership shift for a key European low-cost carrier.
  • The proposed £6.90-per-share (about $9.20) price represents a reported 73% premium to the May 29 closing level, setting a high benchmark for valuation in Europe’s airline M&A market.
  • easyJet’s long-time largest single shareholder—the Haji-Ioannou family—would lose control if the transaction completes, potentially reshaping governance and strategic direction.

Reported By

en.traicy.com ibtimes.com ch-aviation Simple Flying lefigaro.fr Airline Geeks
Sources Tracked
90
First Seen
2026-07-05T09:44:18.478242-07:00
Latest Update
2026-07-07T06:52:43.226067-07:00
Coverage
Aviation

Sources

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