Investment company Castlelake made bid public for shareholders to evaluate but carrier describes offer as ‘cheap’Nils Pratley: EasyJet bidder is still offering less than a full ticketThe US investment firm trying to buy easyJet has gone public with its latest £4.7bn takeover proposal for the budget airline, its third and latest offer to be rejected.Castlelake said on Monday that an all-cash offer of 625p a share, valuing easyJet at just over £4.7bn, had been rejected by the airline’s board on Sunday, after previous offers at 560p and 600p. Continue reading...
Investment company Castlelake made bid public for shareholders to evaluate but carrier describes offer as ‘cheap’
The US investment firm trying to buy easyJet has gone public with its latest £4.7bn takeover proposal for the budget airline, its third and latest offer to be rejected.
Castlelake said on Monday that an all-cash offer of 625p a share, valuing easyJet at just over £4.7bn, had been rejected by the airline’s board on Sunday, after previous offers at 560p and 600p.
Continue reading...
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