Castlelake, L.P. said on Monday that the British low-cost airline easyJet PLC rejected three separate takeover offers.
The latest offer, submitted on Saturday, valued the carrier at 625 pence per share, well above easyJet's closing price of 504 pence per share on Friday and surpassing its previous offers of 560 pence per share and 600 pence per share. Castlelake added that it plans to "offer a partial equity alternative" to allow the airline's shareholders to "remain invested in easyJet as a privately held business in partnership with Castlelake."
The US investment company stressed that it went public with its latest offer "to enable easyJet shareholders to consider its merits and provide their views on the Third Proposal to the easyJet Board ahead of the upcoming 'Put-up or Shut-up' deadline at 5.00 pm (London time) on 26 June 2026."
https://breakingthenews.net/Article/Castlelake-says-easyJet-rejected-3-separate-offers/66546272
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