EasyJet shares rise as board supports Castlelake takeover proposal
EasyJet shares have increased by 10 per cent after the airline's board indicated support for a takeover proposal from the US investment firm Castlelake.
By Europa Express6 Jul 2026 · 07:30 CETUpdated 6 Jul 2026 · 07:30 CET
Strategic Context: EasyJet shares have increased by 10 per cent after the airline's board indicated support for a takeover proposal from the US investment firm Castlelake.
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According to Euronews, the budget airline confirmed that it has reached an agreement in principle with the American investment firm Castlelake regarding a potential acquisition. Following the announcement, the company's share price saw a 10 per cent increase. No further details regarding the terms of the proposal or the timeline for the transaction were provided in the report.