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EasyJet Rejects Fourth Bid from Castlelake
Published 3 days, 5 hours ago
Description
EasyJet just rejected yet another £5 billion bid from US firm Castlelake, this time sweetened to £6.50 per share — but it’s not a final “no.” The airline is offering Castlelake a limited peek at its financials, hoping to lure a better offer. With UK rules giving Castlelake until July 5th to make a final move, the stage is set for a high-stakes showdown — will Castlelake raise the stakes again, or will EasyJet stay independent?
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