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London's FTSE 100 inched up on Friday, supported by deal-driven gains in Vodafone and easyJet, though Middle East tensions kept a lid ​on further upside.
easyJet share price will be in the spotlight today as a new bid from a giant American private equity company emerged. The stock ended Thursday at 588p, a few points below the weekly high of 621p.
The airline said it agreed in principle on a rival takeover deal with asset-management firm Apollo and was withdrawing its recommendation for the proposal by Castlelake.
A bidding war has broken out for EasyJet, the British low-cost airline, with the second American private-equity bid.
British budget carrier easyJet ​said on Friday ‌it had agreed in principle to a rival £5.7 billion ($7.65 ​billion), or £7.15 per-share, takeover ​approach from Apollo Global.
EasyJet shares on Monday traded at a discount to the price the U.K. airline says it's reached with an American investment firm on a buyout.
Shares of easyJet jumped about 10% on Monday to a four-year high after the airline agreed in principle to accept a £5.5 billion ($7.3 billion) takeover offer from US investment firm Castlelake, poten
EasyJet shares hit a new 52-week high on Monday. The low-cost airline on Sunday agreed in principle to an improved takeover bid from U.S. private equity outfit Castlelake.
Shares in easyJet climbed 12% on ‌Tradegate on Monday after the British budget airline agreed in principle to a £5.5 billion ($7.34 billion) takeover proposal ​from U.S. investment firm Castlelak
The latest proposal—the fifth from Castlelake—stands at £6.90 a share. This is up from a previous proposal of £6.50 a share.

Short-sellers retreat from European airlines

09:36am, Thursday, 02'nd Jul 2026
Investors have continued to unwind bearish bets against European airlines over the past month, according to Citi. The bank published fresh positioning data, drawn from its quantitative team, showing h
EasyJet PLC (LSE:EZJ) has rejected a fourth takeover proposal from Castlelake, saying the US private equity firm's latest approach still undervalues the airline and raises significant concerns over w
The airline's board rebuffed a fourth takeover bid from Castlelake, but said it would extend talks and share commercial information to obtain a higher offer.
EasyJet and its investors ‌are holding out for at least £600 million ($794.46 million) more from U.S. suitor Castlelake, the Financial ​Times reported on Monday, citing leading shareholders ​an
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