Castlelake

2 stories tagged castlelake.

EasyJet Rejects Castlelake's £6.25-Per-Share Takeover Bid Calling It Opportunistic

UK budget carrier tells shareholders to take no action after describing proposal as 'opportunistic'. EasyJet is dismissing investment firm Castlelake's takeover offer as a bid to acquire the airline "on the cheap", after rejecting three approaches. It says the latest of the three offers, for £6.25 per share, is "opportunistic" and not in the interests…

AirlinesJun 22, 6:37 AM

Investment Firm Castlelake Makes Three Offers to Acquire EasyJet Amid Board Resistance

Investment firm wants budget airline shareholders to weigh proposal as board shows 'unwillingness' to engage.Investment firm Castlelake has made a formal, non-binding approach to acquire the entirety of UK budget carrier EasyJet — but has so far been rejected. It has submitted three proposals to the airline — on 12, 17 and 20 June —…

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