EasyJet's Pricey Takeover: A Cautionary Tale for UK Shareholders The £5. 5bn takeover bid from Castlelake, a US private equity firm, has sent easyJet shares soaring nearly 10%.
But beneath the surface lies a concerning trend: London listed firms being picked off by foreign buyers at bargain prices. The airline's board will recommend accepting an offer of £6.
90 per share, despite previous rejections that valued the company as low as £5. 60 per share. This deal is not just about easyJet; it's a symptom of a broader issue plaguing UK corporations.