Leadership News

FlightGlobalDavid Kaminski-Morrow

easyJet rejects Castlelake’s $6.3bn takeover bid as undervaluation claim escalates

U.S. investment firm Castlelake has disclosed a £4.7 billion ($6.3 billion) non-binding offer to fully acquire easyJet, priced at £6.25 ($6.2bn) per share. easyJet’s board unanimously rejected the latest approach, arguing the bid is highly opportunistic and significantly undervalues the airline after three proposals were turned down.

2026-06-21T23:54:12.627294-07:00

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