EasyJet Rejects Fourth Castlelake Takeover Bid, Enters Talks
EasyJet has rejected a fourth takeover offer from US investment fund Castlelake, valued at £4.9 billion, but has subsequently entered into talks with the fund. The airline had previously rebuffed earlier proposals from Castlelake.
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EasyJet rejects fourth takeover offer
The airline is questioning the "deliverability" of the offer.
Read full article →EasyJet in talks with Castlelake after rejecting £4.9bn takeover offer
US private credit group valuing the airline at £4.9bn
Read full article →EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer
British carrier says it hopes to receive ‘more attractive proposal that better reflects the value of easyJet’ Business live – latest updates EasyJet has opened talks with Castlelake, despite rejecting a fourth takeover offer worth £4.9bn from the US investment firm, as the airline said it would open its books to its suitor in the hope of receiving a higher bid. The British budget carrier unanimously rejected the latest proposal, of 650p a share, saying it still “substantially” undervalued t...
By Julia Kollewe
Read full article →EasyJet rebuffs higher £4.93bn proposal from US investment fund
Castlelake had submitted a fourth approach for easyJet worth £6.50 a share.
By Holly Williams
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