EasyJet Plc agreed in principle to a takeover offer of more than £5 billion from Castlelake LP, which swooped in as the UK budget carrier was reeling from soaring jet fuel prices and suppressed demand after the Iran war.
GLOBAL — EasyJet Plc agreed in principle to a takeover offer of more than £5 billion from Castlelake LP, which swooped in as the UK budget carrier was reeling from soaring jet fuel prices and suppressed demand after the Iran war.
Image source: Bloomberg
This report draws on reporting from Bloomberg. DOCFLiX Desk has verified and adapted this report with additional context for our readers.
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