EasyJet shares soar 10% as budget airline agrees $7.3 billion Castlelake takeover

EasyJet's share price increased 10% on Monday following the airline's agreement in principle to a takeover offer from Castlelake valued at $7.3 billion. The deal requires approval from EasyJet shareholders and regulatory authorities. Castlelake is a private investment firm. EasyJet operates budget flights across Europe.

Next story