Business · 6 July 2026

EasyJet agrees in principle to £5.2 billion takeover offer from US firm

Low-cost airline EasyJet has reached an agreement with US investment firm Castlelake for a potential takeover worth about £5.2 billion. Castlelake made its latest proposal on 4 July, offering £6.90 per share after EasyJet rejected four previous bids. The deal isn't confirmed yet, as the US firm needs regulatory approvals, including EU rules requiring 51% European ownership.

By BriefTea Editorial · 6 July 2026 at 2:34

Reported by BBC · How we write briefs

Get the app

More briefs

BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers BusinessNorwich trains face disruption in September and October for rail works BusinessEngland's free bus pass age will rise to 67 by April 2028 BusinessBritish tourist visits to Japan up 40.8% since 2019 TechnologyGoogle paying £260m to settle UK Play Store developer lawsuit BusinessSnack makers warn new UK rules could undo years of reformulation work More business stories → Browse all stories →