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EasyJet shares surge after budget airline brands takeover talks from US firm 'highly opportunistic'
EasyJet shares surge after budget airline brands takeover talks from US firm 'highly opportunistic' No-frills airline easyJet has dismissed a takeover approach from a US investment firm as "highly opportunistic" as shares in the budget airline jumped as much as 13% this morning Shares in easyJet soared after bosses at the British budget airline knocked back a takeover swoop. The Luton-based airline branded an approach by US investment firm Castlelake “highly opportunistic”. It also confirmed...
EasyJet issues statement on possible takeover bid from US company
EasyJet issues statement on possible takeover bid from US company EasyJet said interest from US-based investment firm Castlelake emerged as its shares came under pressure over the Iran conflict's impact on fuel costs and travel demand EasyJet has dismissed a possible takeover deal from a major US investment firm, branding it "highly opportunistic" and insisting no discussions had taken place between the two sides. The budget airline said interest from Castlelake emerged as its shares came...
EasyJet flight forced to divert to Liverpool over 'extraordinary circumstance'
EasyJet flight forced to divert to Liverpool over 'extraordinary circumstance' EasyJet flight EJU7357 was bound for Glasgow Airport when the disruption occurred An easyJet flight heading to Glasgow has been forced to make an unscheduled landing in Liverpool. Flight EJU7357 took off from Palma de Mallorca Airport shortly after 6.40pm on Sunday, May 31, destined for Glasgow Airport. The Airbus A319 was scheduled to touch down in Scotland at approximately 8.45pm, but was diverted to Liverpool...
easyJet tells passengers 'drink plenty of water' before boarding flights
easyJet tells passengers 'drink plenty of water' before boarding flights The popular airline shared boarding advice for passengers on its website easyJet has advised passengers to drink water before, during and after their flights. The airline posted the message on its website, as part of health advice shared to keep passengers safe. On a page about boarding and flying, the easyJet website raises awareness of DVT (deep vein thrombosis), which is a blood clot in a vein.
easyJet responds to takeover rumours from US investment giant
easyJet responds to takeover rumours from US investment giant The budget airline said it is in a strong financial position - Bookmark - CommentsGo to comments Budget airline easyJet has branded a possible takeover approach from US investment fund Castlelake as "highly opportunistic", confirming it has not held talks with the firm. Private credit company Castlelake revealed late on Friday, after the London stock market close, that it was in the early stages of considering an offer for...
easyJet slashes flight prices - but you'll need to act fast
easyJet slashes flight prices - but you'll need to act fast The budget airline is offering a range of discounted flights from UK airports Brits planning a holiday abroad have the next few days to book discounted flights. Budget airline easyJet is currently offering up to 15 per cent off certain trips. The reduction applies to selected flights between June 1 and September 30.
EasyJet shares rally as Castlelake weighs possible takeover offer
The budget airline's stock rose more than 12% after Castlelake said it was considering a possible offer. Prior to the rally, easyJet shares had fallen by around 23% over the past year against a backdrop of higher fuel costs and uncertainty linked to tensions in the Middle East. British low-cost airline easyJet said it had noted possible takeover interest from US-based private investment firm Castlelake, in a statement released on Monday.
EasyJet statement issued as US firm plots 'buyout' amid summer season fears
The article reports that US-based investment firm Castlelake is considering a potential takeover offer for budget airline easyJet, amid speculation about the airline's future. The firm is in the early stages of evaluating the offer, and no formal proposal has been made yet. The news comes as easyJet faces concerns about its summer season performance.
EasyJet is an obvious takeover target, but US approach may not be a flyer | Nils Pratley
Castlelake’s move raises questions over valuation and ownership rules as well as whether Stelios Haji-Ioannou could throw a spanner in the worksEasyJet 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...
EasyJet is an obvious takeover target, but US approach may not be a flyer | Nils Pratley
Castlelake’s move raises questions over valuation and ownership rules as well as whether Stelios Haji-Ioannou could throw a spanner in the worksEasyJet 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...