On 22 June 2026, U.K. based budget airline, EasyJet rejected a takeover offer worth £4.74bn from US investment firm Castlelake.
Background:
- EasyJet rejects "on the cheap" offer;
- Castlelake said it had made three takeover approaches to the airline this month;
- Castelake has now made details of its latest offer public to allow shareholders to assess the proposal.
Under stock market rules, Castlelake has until Friday to make a firm offer or walk away.
