Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
Business
Holly Williams

easyJet rejects £4.7 billion takeover bid from US investment firm

US investment firm Castlelake has publicly unveiled a £4.74 billion takeover bid for budget airline EasyJet, following repeated rejections of its proposals.

The private credit company, which already holds approximately 2.14 per cent of EasyJet shares, confirmed it made a third approach on 20 June, valuing the carrier at 625p per share.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.