easyJet Rejects Castlelake’s £4.74bn Bid

easyJet has rejected a £4.74 billion ($6.26 billion) takeover proposal from US investment firm Castlelake, dismissing the approach as an opportunistic attempt to buy the budget airline “on the cheap,” after the bidder took its offer public to pressure the board ahead of a regulatory deadline. Announced on 22 June 2026, the rejection came after … Read more