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Euronews
Euronews
Doloresz Katanich

EasyJet shares rally as Castlelake weighs possible takeover offer

British low-cost airline easyJet said it had noted possible takeover interest from US-based private investment firm Castlelake, in a statement released on Monday. The airline's shares surged by more than 12% in early trading following the news.

Castlelake confirmed rumours on Friday, saying that it was "in the early stages of considering a possible offer" and stressed that no approach had yet been made to easyJet's board. "There can be no certainty that any offer will be made, nor as to the terms of any offer."

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