EasyJet says US takeover bid would be ‘highly opportunistic’
Airline’s shares hit highest level in three months as investment group Castlelake says it is considering offerBusiness live – latest updatesEasyJet has called a potential £3bn bid by a US investment group “highly opportunistic” as shares in the airline shot up to their highest level in three months on news of the takeover interest.The US private credit firm Castlelake said on Friday it was considering a takeover offer for the airline. On Monday, it said it had already bought a 2.14% stake in the business and its offer would value easyJet at least at 403p a share, or about £3bn overall. Continue reading...
Generated by Pulse AI, Glideslope's proprietary engine for interpreting market sentiment and economic signals. For informational purposes only — not financial advice.