EasyJet rejects fourth takeover offer

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BBC Business

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EasyJet rejects fourth takeover offer

The airline is questioning the "deliverability" of the offer.

25 Jun, 10:27

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City AM

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Easyjet rejects fourth bid but holds out for ‘more attractive’ offer

Easyjet has slapped down suitor Castlelake for a fourth time but said it was open to a “more attractive proposal” from the US private equity firm. The budget airline revealed on Thursday it had rejected a £6.50 per share bid, saying that its suitor was “substantially undervaluing the company and its prospects”. The FTSE 250 [...]