Castlelake Wins EasyJet Over After Fifth Takeover Bid

Castlelake won an easyJet takeover battle after the private equity firm secured an acceptance of its latest offer, described as a fifth attempt that finally succeeded. The report from Bloomberg UK’s breaking news team says easyJet decided it was minded to accept Castlelake’s newest proposal after weeks of negotiations in which the airline had been playing hard to get. The article identifies the deal as the fifth takeover bid, implying that earlier offers did not reach agreement. The update does not provide deal structure details or a final valuation in the provided text, but it signals a key turning point toward a potential acquisition. It frames the moment as “fifth time lucky,” indicating a change from prior rounds of rejection or stalemate between the parties.