An easyJet aircraft at London Gatwick.
Credit: Pixidyll.net/Alamy Stock Photo
EasyJet said it has rejected a third bid by U.S. investment firm Castlelake to acquire its share capital at £6.25 ($8.26), an offer the UK-based LCC said was an attempt to acquire it “on the cheap.” The June 20 proposal followed two others with the same structure at £5.60 and £6.00 per share...
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EasyJet Rejects Castlelake's Latest ‘On The Cheap’ Bid is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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