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Evening Standard
Evening Standard
Business
Holly Williams

EasyJet says takeover tilt from US firm would be ‘highly opportunistic’

EasyJet said the takeover interest comes at a time when its share price has been pushed lower by worries over the impact of the Iran war on the airline sector (PA) - (PA Wire)

Budget airline easyJet has branded a possible takeover approach from Castlelake as “highly opportunistic” and confirmed it has not held talks with the US investment fund.

Private credit company Castlelake revealed late on Friday, after the stock market close in London, that it was in the early stages of considering an offer for easyJet, but had not yet approached the firm’s board.

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