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EasyJet shares rose 10% after the airline agreed to a £5.5 billion takeover proposal from US investment firm Castlelake.
Reuters07/06, 05:20 PM
- 10%
- £5.5 billion
- $7.34 billion
Figures as quoted by Reuters
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ZeroHedge reports that Castlelake has agreed to buy EasyJet for £6.90 per share in cash.