easyJet Board Rejects Three Takeover Bids from US Firm Castlelake Worth Up to £4.7 Billion

Bloomberg—easyJet's board rejected a £4.7 billion (approximately $6.3 billion) takeover offer from US private equity firm Castlelake, calling the bid too low. Castlelake disclosed it had actually made three separate approaches, all of which were rebuffed. The Financial Times first reported the bid, with the Wall Street Journal, Bloomberg, and others confirming the rejection.

• Bloomberg — Castlelake disclosed it had made three separate acquisition approaches — all rebuffed
• Financial Times — easyJet rejects £4.7bn takeover bid from Castlelake
• The Globe and Mail — EasyJet rejects a $6.3 billion takeover offer from US private equity firm Castlelake
• The Independent (UK) — easyJet rejects £4.7bn takeover bid from a US investment firm
• Wall Street Journal — easyJet board rejected Castlelake's $6.3 billion takeover offer