EasyJet suggests it will agree to £5.5bn takeover by US investment firm

The Guardian5 Jul 2026Macro
Automatically composed with AI from the cited sources

EasyJet intends to accept an offer at £6.90 per share from Castlelake, representing a 24% premium to Friday’s £5.58 closing price, after having rejected earlier bids of £6.50 and £5.60 per share. The board is minded to recommend the deal and has requested an extension of the regulatory deadline to 3 August, with the founder Stelios Haji-Ioannou and his family standing to receive nearly £800m for their stake.