07-07-2026 02:00 via theguardian.com

EasyJet shares jump almost 10 after it agrees £5.5bn takeover bid

The Guardian - Airlinemp;#146;s board to recommend offer of mp;pound;6.90 a share in deal analysts say shows UK firms are being bought on the cheapShares in easyJet surged nearly 10 after the airline agreed to a mp;pound;5.5bn takeover at the fifth attempt, but analysts said that it showed UK firms were being bought on the cheap.The low-cost carriermp;#146;s board will recommend shareholders accept an offer price of mp;pound;6.90 a share from Castlelake, a US private equity firm, after rejecting
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