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EasyJet Shares Jump on £5.5 Billion Takeover Bid from US Firm Castlelake
Independent

EasyJet Shares Jump on £5.5 Billion Takeover Bid from US Firm Castlelake

EasyJet shares surged nearly 10% after the airline's board agreed to recommend a £5.5 billion takeover offer from US private equity firm Castlelake at £6.90 per share. This marks the fifth bid for the budget airline.

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