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The Nexus
BUSINESSJul 6 · 16:38 UTCTHE GUARDIAN WORLDGwyn Topham Transport correspondent

EasyJet shares jump almost 10% after it agrees £5.5bn takeover bid

EasyJet shares rose nearly 10% after the airline agreed to a £5.5bn takeover by US private equity firm Castlelake, with the board recommending a £6.90 per share offer. The deal follows four previous rejected bids and reflects analysts' views that UK firms are being acquired at lower prices.

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