easyJet rejects £4.7 billion takeover proposal from Castlelake
Chronological coverage
FIRST SEEN22 Jun, 08:34easyJet rejects £4.7 billion takeover proposal from Castlelake
US investment firm says shareholders should evaluate offer as airline argues bid undervalues the carrier
Air Data News•Ricardo Meier- FOLLOW-UP22 Jun, 14:13
Castlelake Discloses £4.74 Billion Takeover Bid for easyJet After Board Rejections
Aviation News – Castlelake has publicly disclosed a massive £4.74 billion ($6.26 billion) takeover bid for British budget carrier easyJet after the airline’s board rejected...
Aviation News EU
FOLLOW-UP22 Jun, 15:20EasyJet Rejects Castlelake Takeover Offer
The investment firm has until the end of this week to secure a deal.
AirlineGeeks•Zach Vasile
FOLLOW-UP23 Jun, 04:30easyJet Rejects £4.7 Billion Takeover Bid from US Firm Castlelake
easyJet has rejected a £4.74 billion takeover bid by US investment firm Castlelake, describing the offer as "highly opportunistic".
AviationSource News•Len Varley
FOLLOW-UP23 Jun, 06:00EasyJet Rejects £4.7 Billion Takeover Bid
EasyJet rejected on Monday, June 22, a £4.74 billion ($6.4 billion) takeover proposal from U.S. investment firm Castlelake, accusing the investor of attempting to acquire the carrier at an undervalued price amid temporary market pressures. The airline said Castlelake’s latest offer significantly undervalues the business and described the bid as “highly opportunistic”, arguing that its […]
Travel Radar•Eve Powell
LATEST23 Jun, 08:39easyJet rejects £4.7 billion Castlelake takeover bid
Low-cost carrier easyJet has rejected a £4.74 billion takeover proposal from investment firm Castlelake, describing the offer as “opportunistic” and not in the best interests of shareholders. Castlelake revealed that it had submitted three separate bids, the latest valuing easyJet at £6.25 per share, following earlier offers of £5.60 and £6.00 that were also rejected. […]
Aviation24.be•André Orban