EasyJet
Coverage of EasyJet in the Nexus archive.
- EasyJet shares jump almost 10% after it agrees £5.5bn takeover bid
EasyJet shares rose nearly 10% after the airline agreed to a £5.5bn takeover by US private equity firm Castlelake, with the board recommending a £6.90 per share offer. The deal follows four previous rejected bids and reflects analysts' views that UK firms are being acquired at lower prices.
- EasyJet agrees to $6.7 billion takeover by U.S. private equity firm
EasyJet, a U.K. budget airline, has agreed to a $6.7 billion takeover by a U.S. private equity firm after previously rejecting four offers from the same firm.
- EasyJet stock soars after agreeing in principle to a $7.3 billion U.S. takeover
EasyJet's stock rose after agreeing in principle to a $7.3 billion U.S. takeover. The company's board plans to recommend a 690 pence-per-share cash offer to shareholders.
- EasyJet agrees to a takeover price. The market has its doubts on the deal.
EasyJet has agreed to a buyout deal with an American investment firm, but its shares are trading at a discount to the agreed price, indicating market skepticism. The airline stated the terms of the buyout, yet investors remain doubtful about the deal's value.
- EasyJet reaches outline agreement on £5.5bn takeover by Castlelake
EasyJet, a UK airline, has reached an outline agreement for a £5.5bn takeover by Castlelake, a US private credit group. The airline’s board is considering recommending the proposal.
- Easyjet shares take off as US investment firm closes in on £5bn takeover
Easyjet shares are rising following a £5 billion takeover bid by a US investment firm. The proposed acquisition has sparked significant market interest in the airline's stock.
- EasyJet Accepts Castlelake’s $5 Billion Bid in Principle
EasyJet has accepted Castlelake's $5 billion bid in principle. The agreement marks a significant corporate development for the airline.
- EasyJet agrees to £5bn takeover by US investment firm
EasyJet has agreed to a £5bn takeover by US investment firm Castlelake, making the UK's largest low-cost airline private. The deal follows several rejected offers and an agreement in principle announced to the stock market.
- EasyJet Agrees to Castlelake’s £5.2 Billion Takeover Offer
EasyJet has agreed to a £5.2 billion takeover offer from Castlelake. The article also mentions Europe's need for increased jet fuel supplies to maintain summer imports.
- EasyJet rejects fourth takeover bid from US firm Castlelake - but raises hopes of deal being done
EasyJet has rejected a fourth takeover bid from US firm Castlelake but has raised hopes that a deal could still be finalized. The airline continues to engage in discussions despite the latest rejection.
- EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer
EasyJet has rejected a £4.9bn takeover offer from US investment firm Castlelake, stating the proposal undervalues the company. The airline is now engaging in talks with Castlelake, hoping for a 'more attractive proposal that better reflects' its value.
- EasyJet in talks with Castlelake after rejecting £4.9bn takeover offer
EasyJet has rejected a £4.9bn takeover offer from a US private credit group and is now in talks with Castlelake. The offer was submitted on Tuesday but declined by the budget airline.
- EasyJet Leaves Door Open After Rejecting Latest Castlelake Bid
EasyJet has rejected the latest bid from Castlelake but remains open to further discussions. The airline's decision leaves room for potential future negotiations despite turning down the offer.
- EasyJet rejects third 'highly opportunistic' £4.7bn Castlelake bid
EasyJet has rejected a third £4.7 billion bid from Castlelake, which it described as 'highly opportunistic'. The airline has previously turned down similar offers from the investment firm.
- EasyJet Rejects Castlelake Takeover Bids
EasyJet has rejected takeover bids from Castlelake. The airline's decision marks a rejection of the proposed acquisition attempt.
- US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected
US investment firm Castlelake has made a third rejected £4.7bn bid to acquire easyJet, offering 625p per share in cash. The airline's board described the proposal as 'cheap' and previously rejected lower offers at 560p and 600p.
- EasyJet rejects £4.7bn takeover bid from Castlelake
EasyJet has rejected a £4.7bn takeover bid from Castlelake, a US private credit group, after the airline’s board refused to engage with the offer.
- EasyJet Rejects Three Separate Overtures From Castlelake
EasyJet has rejected three separate overtures from Castlelake. An EasyJet aircraft is pictured at London Southend Airport.
- Easyjet plane carrying 186 almost ran out of runway taking off from Luton airport for Malaga, report reveals
An EasyJet plane carrying 186 passengers nearly ran out of runway during takeoff from Luton Airport to Malaga, according to a report. The incident highlights a potential safety concern during the flight's departure.
- One Tech Tip: What to know about flying with lithium ion portable battery chargers
Lithium-ion power banks must be carried in carry-on luggage, not checked baggage, due to fire risks. Passengers can generally bring two power banks with up to 100 watt hours without airline approval, but larger ones require permission. Aviation authorities have tightened rules after incidents, including a 2025 Air Busan plane fire linked to lithium batteries.
- EasyJet set to be first budget airline launching a loyalty scheme - but it will not be offering lounge access
EasyJet is set to become the first budget airline to launch a loyalty scheme. However, the scheme will not include lounge access.
- Private Credit Eyes EasyJet Takeover
Private Credit is considering a potential takeover of EasyJet. The article highlights interest from private credit firms in acquiring the airline.
- Russia suspends jet fuel exports
Russia suspended jet fuel exports due to domestic shortfalls caused by Ukrainian attacks on refineries, exacerbating global airline industry challenges. The move follows trade disruptions from the Iran war closing the Strait of Hormuz, with airline stocks falling as fuel costs rise and a US investment group considers acquiring UK carrier easyJet.
- Castlelake to hunt partner on easyJet bid to navigate EU ownership rules
Castlelake, a US private credit group, is seeking a partner to bid on easyJet while complying with EU rules requiring majority ownership by EU nationals. The bid must navigate regulations that mandate airline ownership by EU citizens.
- EasyJet’s summer sale reaches Wall Street
EasyJet's summer sale has drawn attention from Wall Street, making the budget airline a potential takeover target. The airline industry is affected by the war in Iran.
- Castlelake: the private credit lender taking a run at easyJet
Castlelake, a $37bn private credit lender, is largely unknown in the UK but may gain attention if it bids on easyJet, the British budget carrier. The article highlights Castlelake's potential move as a significant development.
- EasyJet is an obvious takeover target, but US approach may not be a flyer | Nils Pratley
Castlelake, a US investment fund, is considering a takeover of easyJet, but skepticism remains due to valuation discrepancies and regulatory challenges. EasyJet criticized the bid as 'highly opportunistic,' while the airline's stock showed a muted 10% increase, reflecting market doubt.
- EasyJet says US takeover bid would be ‘highly opportunistic’
EasyJet has labeled a potential £3bn takeover bid by US investment firm Castlelake as 'highly opportunistic.' Castlelake, which already owns a 2.14% stake in the airline, is considering an offer valuing easyJet at 403p per share, pushing the company's shares to a three-month high.
- Why easyJet is attracting takeover interest
easyJet is attracting takeover interest. The article mentions an EasyJet plane taking off from Liverpool Airport.
- EasyJet says takeover bid would be ‘highly opportunistic’ as shares jump
EasyJet states that a takeover bid would be 'highly opportunistic' as its shares rise. US private credit group Castlelake is considering an approach for the low-cost carrier.
- EasyJet Board Says No Talks Yet on Offer, Confident in Strategy
The EasyJet board has stated there are no ongoing discussions about an offer and expressed confidence in the company's strategy. An EasyJet passenger aircraft is pictured at London Southend Airport.
- How dangerous ARE portable chargers on planes? Why an entire easyJet flight was diverted over a power bank - and the other items to avoid packing
An easyJet flight was diverted due to a power bank incident, highlighting safety concerns about portable chargers on planes. The article warns passengers about prohibited items and FAA regulations regarding lithium batteries.
- UK-bound easyJet flight diverts to Rome as power bank is found in passenger's luggage
An easyJet flight bound for the UK diverted to Rome after a power bank was discovered in a passenger's luggage, prompting safety protocols. The incident highlights ongoing concerns about prohibited electronic devices on aircraft.
- Flight forced to make emergency landing when passenger admits mistake that could have caused disaster
An EasyJet flight from Egypt to England was diverted to Rome's Fiumicino Airport after a passenger revealed a portable power bank was charging in her luggage, creating a fire hazard. The emergency landing was taken to mitigate the risk of a potential disaster.
- EasyJet: We'll cut fares when Strait of Hormuz reopens
EasyJet announced plans to reduce fares once the Strait of Hormuz reopens, signaling a return to normalcy in regional travel and fueling optimism for the airline industry.
- EasyJet diverts mid-flight after passenger alerts crew to power bank in luggage
EasyJet diverted a mid-flight after a passenger alerted the crew to a power bank in their luggage. The incident highlights potential safety concerns related to carrying electronic devices on flights.
- EasyJet summer holiday bookings down on last year amid Iran war uncertainty
Budget airline easyJet reports declining summer holiday bookings compared to the previous year, citing the Iran war and resulting uncertainty in consumer confidence. The airline incurred an unexpected £25 million additional cost for jet fuel in March due to the US-Israel conflict with Iran, prompting passengers to delay their travel bookings.
- EasyJet Sees Increased Caution on Summer Bookings (Video)
EasyJet is experiencing increased caution regarding summer bookings, indicating softening demand or travel uncertainty. The airline's booking patterns suggest customers may be more hesitant about summer travel plans.
- My flight was diverted due to drunk passenger... but easyJet won't pay for five-hour delay: SALLY SORTS IT
A flight was diverted due to a drunk passenger and the passenger is seeking compensation for the five-hour delay from easyJet. The airline has refused to pay for the delay. The incident has caused frustration for the passenger.
- Is YOUR half-term holiday at risk? Check how many flights are being axed by major airlines - as two million seats are cut globally
Major airlines are cutting flights, resulting in two million seats being cut globally, putting half-term holidays at risk. The cuts affect various routes and destinations. Passengers are advised to check with their airlines for updates.