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EasyJet’s $7.3B Takeover Battle | Durham News
EasyJet is facing a blockbuster $7.3 billion takeover bid from asset manager Castlelake, a 73% premium over earlier offers — and the airline’s board now backs the deal. Though Castlelake isn’t an airline, it’s a deep-pocketed aviation financier with eyes on EasyJet’s 300+ jets, prime airport slots, and future plane deliveries — assets some say are worth more than the entire bid. Shareholders held out through past rejections, betting on the value beneath the surface. But the real drama? EU ownership rules — Castlelake’s American roots mean they must hand over 51% to EU citizens to comply, a…
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