easyJet PLC

EZJ: XLON (GBR)
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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.

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