EasyJet rejects $6.3 billion bid as Castlelake makes takeover proposal public
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
EasyJet's board has rejected a $6.3 billion takeover bid from US investment firm Castlelake, with some reports describing the offer as "opportunistic" and part of a hostile takeover bid. However, there are conflicting reports on the outcome, with one outlet suggesting that EasyJet has agreed to a takeover offer from Castlelake, although the terms and details of this potential agreement are unclear. EasyJet's shares have jumped in response to the news, with some outlets reporting a 10% increase.
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