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.