Investors

EasyJet Board Ready to Recommend Takeover Following Castlelake's £6.90 Per Share Offer

US investor proposes £6.90-per-share acquisition in new submission to UK budget carrier. US-based investor Castlelake has made a new proposal for the acquisition of UK budget carrier EasyJet, and the airline's board has signalled that — based on these financial terms — it would be prepared to recommend a formal offer to shareholders. The proposal,…