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EasyJet Rejects Sweetened Castlelake Offer, Questions Ownership

EasyJet Rejects Sweetened Castlelake Offer, Questions Ownership
Bloomberg Markets Thursday 25 June 2026, 06:11 UTC By Leen Al-Rashdan 1 min read
Key Points

EasyJet Rejects Sweetened Castlelake Offer, Questions Ownership EasyJet Plc said it has rejected another sweetened offer from Castlelake LP for £6.50 a share, the fourth time the discount carrier has turned down an approach from the US investment firm. At the same time, EasyJet’s board signaled that it’s willing to entertain a higher bid and has sought an extension of a firm offer bid to July 5. That move “might produce a more attractive proposal that better reflects the value of easyJet and...

EasyJet Rejects Sweetened Castlelake Offer, Questions Ownership EasyJet Plc said it has rejected another sweetened offer from Castlelake LP for £6.50 a share, the fourth time the discount carrier has turned down an approach from the US investment firm. At the same time, EasyJet’s board signaled that it’s willing to entertain a higher bid and has sought an extension of a firm offer bid to July 5. That move “might produce a more attractive proposal that better reflects the value of easyJet and its prospects and the interests of shareholders thereto,” EasyJet said in a release.
EasyJet (ORG) Questions Ownership EasyJet (ORG) Questions Ownership EasyJet Plc (ORG) Castlelake LP (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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