EasyJet shares jump almost 10% after it agrees £5.5bn takeover bid
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EasyJet shares jump almost 10% after it agrees £5.5bn takeover bid

Airline’s board to recommend offer of £6.90 a share in deal analysts say shows UK firms are being bought on the cheapShares in easyJet surged nearly 10% after the airline agreed to a £5.5bn takeover at the fifth attempt, but analysts said that it showed UK firms were being bought on the cheap.The low-cost carrier’s board will recommend shareholders accept an offer price of £6.90 a share from Castlelake, a US private equity firm, after rejecting four previous bids of as little as £5.60 per share.

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The Guardian World — The Guardian World
6 July 2026
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Originally published by The Guardian World. Read the full article →

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