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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

EasyJet says US takeover bid would be ‘highly opportunistic’

EasyJet aircraft at Berlin Brandenburg airport
Before news of the possible Castlelake offer, easyJet shares had lost about a fifth of their value since the start of the year. Photograph: Clemens Bilan/EPA

EasyJet has called a potential £3bn bid by a US investment group “highly opportunistic” as shares in the airline shot up to their highest level in three months on news of the takeover interest.

The US private credit firm Castlelake said on Friday it was considering a takeover offer for the airline. On Monday, it said it had already bought a 2.14% stake in the business and its offer would value easyJet at least at 403p a share, or about £3bn overall.

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