Castlelake makes £34.7bn ($6.3bn) bid for easyJet after rejecting three proposals, urges shareholder pressure
Castlelake disclosed a takeover offer for easyJet valued at about £34.74bn ($6.26bn), backed by former Malaysia Airlines CEO Peter Bellew, after the budget carrier rejected three separate approaches. easyJet told shareholders to take no action, calling the latest bid “opportunistic” and dismissing it as an “acquire-the-cheap” play.