EasyJet shares hit a four-year high after the airline backed a £5.5 billion takeover proposal from US investor Castlelake, though EU ownership rules and regulatory hurdles kept the

EasyJet shares hit a four-year high after the airline backed a £5.5 billion takeover proposal from US investor Castlelake, though EU ownership rules and regulatory hurdles kept the stock below the offer price. Link EasyJet nears $7.3 billion takeover as investors warily eye EU rules The proposed deal would take easyJet private, though investors remain cautious over EU ownership rules and regulatory approvals.