Follow-up23 Jun, 06:00
EasyJet Rejects £4.7 Billion Takeover Bid
EasyJet rejected on Monday, June 22, a £4.74 billion ($6.4 billion) takeover proposal from U.S. investment firm Castlelake, accusing the investor of attempting to acquire the carrier at an undervalued price amid temporary market pressures. The airline said Castlelake’s latest offer significantly undervalues the business and described the bid as “highly opportunistic”, arguing that its […]
Travel Radar•Eve Powell