The Latest Breaking News from Castlelake

EasyJet agrees ‘in principle’ to £5.2bn offer from US investor

The agreement marks huge progress for the companies after months of fraught negotiations

The Independent UK · Jul 5

EasyJet suggests it will agree to £5.5bn takeover by US investment firm

Agreement in principle with Castlelake follows several rejected offers and means UK’s biggest low-cost carrier will be taken private

The Guardian - UK · Jul 5

European stocks climb as Dow Jones hits new high

The FTSE 100 closed up 68.26 points, 0.7%, at 10,529.89.

Evening Standard · Jun 25

EasyJet rejects €5.9bn takeover offer from US private equity firm

British no-frills airline EasyJet has rejected three informal takeover proposals from a US private equity firm, the latest totalling nearly €5.9bn (£5 billion), the two sides revealed on Monday.

Euronews · Jun 22

EasyJet rejects £4.7bn takeover bid from US investment fund

The airline has blasted a third approach from Castlelake as an attempt to buy the airline ‘on the cheap’

Evening Standard · Jun 22

easyJet rejects £4.7 billion takeover bid from US investment firm

The UK airliner branded Castlelake’s initial interest as ‘highly opportunistic’ in its first response

The Independent UK · Jun 22

US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected

Investment company Castlelake made bid public for shareholders to evaluate but carrier describes offer as ‘cheap’

The Guardian - UK · Jun 22

EasyJet suitor reveals takeover approach worth £4.7bn after proposals rejected

Castlelake put forward a third approach to acquire easyJet on June 20 worth 625p a share, but said this was rejected on June 21.

Evening Standard · Jun 22

EasyJet is an obvious takeover target, but US approach may not be a flyer

Castlelake’s move raises questions over valuation and ownership rules as well as whether Stelios Haji-Ioannou could throw a spanner in the works

The Guardian - UK · Jun 1

Stocks slide and oil spikes as peace talks falter

Iranian news agency Tasnim reported that Tehran had suspended dialogue with mediators in protest against Israel’s expanding Lebanon offensive.

Evening Standard · Jun 1