It follows four failed bids from Castlelake, which easyJet dismissed as attempts to acquire it "on the cheap". However, following the fourth bid, easyJet agreed to share "limited commercial information" with the firm in the hope of attracting a better offer.
EasyJet reaches 'agreement in principle' over potential £5.2 billion US takeover
Airlines
James Chapple
6 July 2026
EasyJet has reached "an agreement in principle" with US investor Castlelake over a potential £5.2 billion takeover.
iStock / BrasilNut1
Clearlake has come back with a fifth offer for easyJet
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