EasyJet reaches 'agreement in principle' over potential takeover

Budget airline EasyJet has reached an agreement in principle to be taken over by Castlelake, a US investment firm. According to BBC News, this reversal comes after EasyJet had rejected four separate offers from the same buyer. The deal isn't yet final, but reaching an agreement in principle signals a major shift for the carrier and could reshape how the European aviation market consolidates.

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