Easyjet

Easyjet's board has indicated it is prepared to accept a £5.5bn takeover offer from Minnesota-based private equity firm Castlelake, marking a potential take-private of the budget airline and a possible £800m payout to founder Sir Stelios Haji-Ioannou.

Summary of transaction details:

• Value: £5.5bn
• Sector: Logistics & Transport
• Advisor: Not disclosed
• Key Entities: Easyjet (target), Castlelake (acquirer), Sir Stelios Haji-Ioannou (founder/shareholder)
• Location: United Kingdom / United States (Minnesota)

Note: The deal underscores weak UK public market sentiment and a broader wave of private equity interest in undervalued London-listed companies, with Castlelake leveraging its aviation asset expertise to pursue the acquisition.