easyJet has rejected three separate takeover approaches from Castlelake LP, prompting the US investment firm to take its latest proposal – valuing the UK low-cost carrier at around £4.74bn ($6.3bn) – directly to shareholders, according to a report by Bloomberg.
The offer, pitched at 625 pence per share, sits well above where the stock is currently trading, underlining a gap between bid expectations and market pricing. Despite Castlelake’s approach, EasyJet shares rose as much as 5.4% on Monday t...
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