Brief World 2 sources • Published 8 hours ago

EasyJet opens talks with Castlelake after rejecting £4.9bn takeover offer

British carrier says it hopes to receive ‘more attractive proposal that better reflects’ its valueBusiness live – latest updatesEasyJet has opened talks with Castlelake, despite rejecting a fourth takeover offer worth £4.9bn from the US investment firm, with the airline saying it would open its books in the hope of receiving a higher bid.The British budget carrier unanimously rejected the latest proposal, of 650p a share, saying it still “substantially” undervalued the company while flagging “si... US private credit group valuing the airline at £4.9bn
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Key Points
  • British carrier says it hopes to receive ‘more attractive proposal that better reflects’ its valueBusiness live – latest updatesEasyJet has opened talks with Castlelake, despite rejecting a fourth takeover offer worth £4.9bn from the US investment firm, with t... S1
  • US private credit group valuing the airline at £4.9bn S2
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