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EasyJet reaches ‘agreement in principle’ over potential takeover

By GhanaSummary Newsroom1 min read
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.

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