easyJet agrees £5.5 billion Castlelake bid

The board of low-cost airline easyJet (LON:EZJ) said it had agreed in principle a £5.5 billion bid from Castelake. The proposal values easyJet shares at 690p against the US investment firm’s previous offer of 650p and Friday’s close of 558p. Fifth time lucky? Castlelake’s fifth proposal includes a partial unlisted share alternative to cash and … Continue reading easyJet agrees £5.5 billion Castlelake bid