EasyJet’s board has surrendered too easily to US bidder
EasyJet's board has reached an agreement with US bidder Castlelake for £5.5 billion, valuing shares at 690p, after rejecting prior offers as undervalued. The airline maintains its goal of £1 billion profitability by 2025 despite market volatility. Concerns arise over whether the board is capitulating too easily rather than advocating for shareholders’ interests.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 07 Jul 2026, 17:10 UTC · Updated 07 Jul 2026, 17:30 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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