EasyJet Rejects US Investor's Takeover Approach as 'Highly Opportunistic'
EasyJet has dismissed a potential takeover bid from US investor Castlelake, labeling the approach as 'highly opportunistic.' The British low-cost airline's shares surged following news of the possible acquisition interest.
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EasyJet says possible takeover bid 'opportunistic'
US investment firm Castlelake says it is considering an offer for the budget airline.
Read full article →EasyJet says a takeover bid would be ‘highly opportunistic’
Budget carrier says it has not received an approach from US private credit firm Castlelake
Read full article →EasyJet is an obvious takeover target, but US approach may not be a flyer
Castlelake’s move raises questions over valuation and ownership rules as well as whether Stelios Haji-Ioannou could throw a spanner in the works EasyJet says US takeover bid would be ‘highly opportunistic’ A share price gain of only 10% on a possible takeover approach is a meek reaction. If the stock market truly believed that Castlelake, a US investment fund, stood a decent chance of buying easyJet, you would expect the target’s stock to fly significantly higher. Scepticism is the right st...
By Nils Pratley
Read full article →EasyJet says takeover interest from US firm would be ‘highly opportunistic’
The Luton-based airline said it has not yet held discussions with, or had any takeover proposal, from Castlelake.
By Holly Williams
Read full article →EasyJet calls Castlelake approach ‘highly opportunistic’
By Kate Duffy and Leen Al-Rashdan
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