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Business & Finance

US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected

The Guardian UK Monday 22 June 2026, 07:31 UTC By Mark Sweney 1 min read
Key Points

Investment firm Castlelake says it has made bid public so easyJet shareholders can evaluate it ahead of Friday takeover US investment firm trying to buy easyJet has gone public with a £4.7bn takeover proposal for the budget airline, after three proposals were rebuffed by the easyJet board. Castlelake said on Monday that an all-cash offer of 625p a share, valuing easyJet at just over £4.7bn, had been rejected on Sunday, after previous offers at 560p and 600p.

Investment firm Castlelake says it has made bid public so easyJet shareholders can evaluate it ahead of Friday takeover deadline

The US investment firm trying to buy easyJet has gone public with a £4.7bn takeover proposal for the budget airline, after three proposals were rebuffed by the easyJet board.

Castlelake said on Monday that an all-cash offer of 625p a share, valuing easyJet at just over £4.7bn, had been rejected on Sunday, after previous offers at 560p and 600p.

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US (LOCATION) easyJet (ORG) Castlelake (ORG)
Originally published by The Guardian UK Read original →

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