US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected
Investment company Castlelake made bid public for shareholders to evaluate but carrier describes offer as ‘cheap’ Business live – latest updates The US investment firm trying to buy easyJet has gone public with its latest £4.7bn takeover proposal for the budget airline, its third and latest offer to be rejected. Castlelake said on Monday that an all-cash offer of 625p a share, valuing easyJet at just over £4.7bn, had been rejected by the airline’s board on Sunday, after previous offers at 560p a
Opening excerpt (first ~120 words) tap to expand
EasyJet is Europe’s second-biggest low-cost airline, behind Ryanair. Photograph: Roman Pilipey/AFP/Getty ImagesView image in fullscreenEasyJet is Europe’s second-biggest low-cost airline, behind Ryanair. Photograph: Roman Pilipey/AFP/Getty ImageseasyJetUS firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejectedInvestment company Castlelake made bid public for shareholders to evaluate but carrier describes offer as ‘cheap’ Business live – latest updates Mark SweneyMon 22 Jun 2026 07.10 EDTFirst published on Mon 22 Jun 2026 03.31 EDTSharePrefer the Guardian on GoogleThe US investment firm trying to buy easyJet has gone public with its latest £4.7bn takeover proposal for the budget airline, its third and latest offer to be rejected.Castlelake said on Monday that an…
Excerpt limited to ~120 words for fair-use compliance. The full article is at World news | The Guardian.