EasyJet (EZJ) shares surge 12% as Castlelake weighs takeover bid

Shares of EasyJet plc surged more than 12% on June 1, 2026, after Castlelake LP confirmed it is considering a possible takeover offer for the budget carrier. The gain partially reversed a 23% decline over the past 12 months, driven by higher fuel costs and Middle East instability. Castlelake, a global private investment firm, disclosed the preliminary interest in a statement, emphasizing that no formal approach has been made and there is no certainty of an offer.