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EasyJet Agrees to Castlelake’s £5.2 Billion Takeover Offer
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EasyJet Agrees to Castlelake’s £5.2 Billion Takeover Offer EasyJet Plc has agreed in principle to a fifth takeover offer from Castlelake LP for £6.90 per share in cash, the companies said in a statement on Sunday. The newest offer values the UK budget carrier at £5.2 billion ($6.9 billion) and tops the previous bid of £6.50 per share, after the airline turned down four previous proposals.
EasyJet Agrees to Castlelake’s £5.2 Billion Takeover Offer
EasyJet Plc has agreed in principle to a fifth takeover offer from Castlelake LP for £6.90 per share in cash, the companies said in a statement on Sunday.
The newest offer values the UK budget carrier at £5.2 billion ($6.9 billion) and tops the previous bid of £6.50 per share, after the airline turned down four previous proposals.
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