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CNBC·4 min read·medium

UK budget airline easyJet ready to accept $7.3 billion Castlelake bid

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Reuters
UK budget airline easyJet ready to accept $7.3 billion Castlelake bid
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UK budget airline easyJet has agreed in principle to a $7.34 billion takeover bid from the US investment firm Castlelake. The deal would take the airline private and faces potential regulatory hurdles regarding EU ownership requirements.

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British budget airline easyJet has agreed in principle ​to a sweetened takeover bid ​from U.S. investment firm Castlelake ​that values the carrier at up to £5.5 billion ($7.34 billion), it said on Sunday, a potential shakeup for Europe's aviation sector.

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UK budget airline easyJet ready to accept $7.3 billion Castlelake bid — Headlinne — headlinne