MarketPR
EasyJet's board has reached an outline agreement on a £5.5 billion takeover proposal from Castlelake, the US private credit group, and says it is minded to recommend the deal to shareholders.
The announcement signals a potential transfer of the UK airline from public equity markets into private hands, pending formal offer terms and a shareholder vote.
The £5.5bn Outline Agreement The headline figure — £5.5bn — makes this a substantial transaction in European aviation.
EasyJet confirmed the outline agreement but has not published binding terms, which is consistent with the early-stage nature of the arrangement. No offer document, premium detail, or closing timeline has been disclosed.
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