easyJet PLC
EZJ: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ?J& | LOCK|vn | LOCK|wgkN?@ |
EasyJet: We View Castlelake's Takeover Offer as Fair and and Likely to Succeed
EasyJet's board has agreed in principle to a takeover by US investment firm Castlelake for GBX 690 per share in cash, after rejecting four earlier offers as opportunistic. EasyJet shares rose around 10% to GBX 612 on July 6.
