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

BusinessPound climbs to $1.3329 after strong August UK growth data BusinessBritish Food and Drink Exports to EU Fall by Over a Third BusinessIMF economist says UK should cut spending, not tax banks PoliticsHealey Rejects Mansion Tax Change That Would Double Homes Affected BusinessOfgem Plans Charge That Could Make Cheap Energy Deals Harder to Find BusinessBank of England's Bailey Says Inflation Pressures Subdued as Rate Rise Looms More business stories → Browse all stories →