{"id":1071538,"date":"2026-07-06T07:38:16","date_gmt":"2026-07-06T07:38:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1071538\/"},"modified":"2026-07-06T07:38:16","modified_gmt":"2026-07-06T07:38:16","slug":"easyjet-shares-soar-10-as-budget-airline-agrees-7-3-billion-castlelake-takeover","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1071538\/","title":{"rendered":"EasyJet shares soar 10% as budget airline agrees $7.3 billion Castlelake takeover"},"content":{"rendered":"<p><a href=\"https:\/\/www.cnbc.com\/quotes\/EZJ-GB\/\" rel=\"nofollow noopener\" target=\"_blank\">EasyJet<\/a> shares took off in early dealmaking Monday after the U.K. low-cost carrier agreed in principle to a \u00a35.5 billion ($7.3 billion) takeover bid from U.S. private equity manager Castlelake.<\/p>\n<p>The budget airline was up 10.5% shortly after 8:15 a.m. in London (3:15 a.m. E.T.).<\/p>\n<p>Castlelake&#8217;s improved plan to take EasyJet private, which was agreed on Sunday, comes after the carrier last month rejected a \u00a34.93 billion proposal from the private equity firm.<\/p>\n<p>Stock Chart IconStock chart icon<img decoding=\"async\" src=\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\" class=\"Collapsible-dismissButton\" alt=\"hide content\"\/><\/p>\n<p>EasyJet.<\/p>\n<p>The new bid represents a cash offer of $6.90 per share. Castlelake now has until Aug. 3 to make a firm offer or walk away from the deal.<\/p>\n<p>The offer comes amid a period of stress for the global aviation sector, as airlines navigate a jet fuel squeeze caused by the conflict in the Middle East.<\/p>\n<p><strong>This is breaking news. Please refresh for updates.<\/strong><\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"EasyJet shares took off in early dealmaking Monday after the U.K. low-cost carrier agreed in principle to a&hellip;\n","protected":false},"author":2,"featured_media":1070554,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[6],"tags":[18991,4959,51,3085,54234,16,15,49],"class_list":["post-1071538","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-airlines","tag-breaking-news-markets","tag-business","tag-business-news","tag-easyjet-plc","tag-uk","tag-united-kingdom","tag-united-states"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1071538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1071538"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1071538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1070554"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1071538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1071538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1071538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}