easyJet to be bought in US deal
British low-cost airline easyJet has accepted a takeover offer from the American investment firm Castle Lake, valued at nearly £5.5 billion (approximately $7.34 billion). The offer includes a price of £6.9 per share, representing a 73% premium over the company's share price at the close on May 29. The American company had previously expressed interest in acquiring easyJet. The deal faces potential regulatory challenges, particularly concerning European Union rules that require the majority ownership of companies within the EU.
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