easyJet Agrees to Acquisition by Investment Fund Castlelake

easyJet Agrees to Acquisition by Investment Fund Castlelake

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.

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