Business
Sunday, 7/5, 07:18 PM
EasyJet Agrees in Principle to a Takeover by US Firm Castlelake
- EasyJet has agreed in principle to a takeover by the US investment firm Castlelake at £6.90 a share, valuing the British low-cost airline at around £5.5 billion.
- The deal, which would take one of Europe's biggest budget carriers private, still needs a firm offer and shareholder and regulatory approval.