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easyJet has agreed to be acquired by investment fund Castlelake.
Castlelake will acquire the shares at 6.90 pounds per ordinary share. The total transaction value is 5.2 billion pounds, representing a 24% premium. The two companies will cooperate to obtain the approvals and authorizations required to complete the transaction.
easyJet’s Board of Directors has stated that it will issue a further announcement at an appropriate time, and is asking shareholders not to take any action.