EasyJet Accepts £5.2 Billion Offer From Castlelake, Exits Public Markets

EasyJet's board accepted a £6.90-per-share bid from Castlelake on 5 July 2026, valuing Britain's largest low-cost carrier at £5.2 billion. The Minneapolis-based investment firm raised its initial offer by 23% over a seven-week auction. Castlelake must lodge a firm offer by 3 August under UK takeover rules. EU aviation ownership regulations will require regulatory clearance before the deal closes.