EasyJet reaches ‘agreement in principle’ over potential takeover
EasyJet has reached an agreement in principle with a US investment firm on a potential takeover offer valued at around £5.
EasyJet's board on Sunday said the financial terms of the proposed offer "are at a value that the Board would be minded to recommend to easyJet shareholders", should a firm offer be made.
It has until 17:00 BST on 3 August to either announce a firm intention to make an offer or say it does not intend to do so.
