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Evening Standard
Evening Standard
National
Holly Williams

EasyJet rejects £4.7bn takeover bid from US investment fund

easyJet Castlelake United States
EasyJet has rejected a third takeover proposal - (PA)

EasyJet has blasted a £4.74 billion takeover approach as an attempt to buy the airline “on the cheap” after rebuffing three proposals.

The budget airline said Castlelake’s latest offer, worth 625p-a-share, remained “highly opportunistic” and not in shareholders’ best interests.

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