Economic TimesLean R·
EasyJet shares rally 10% on potential $7.3 billion acquisition by Castlelake
EasyJet shares jumped nearly 10% after the airline reached an agreement in principle with US investment firm Castlelake over a potential $7.3 billion acquisition. Castlelake's revised offer of £6.90 per share represents a nearly 24% premium to easyJet's previous closing price.
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