business
EasyJet rejects fourth takeover offer
Key takeaways
- Bedfordshire, Hertfordshire and Buckinghamshire Published38 minutes ago Easy Jet has rejected a fourth takeover offer worth £4.93bn from Castlelake.
- The low-cost Luton-based airline said the US investment firm's bid was worth £6.50 a share, compared with the previous offers of £5.60, £6 and £6.25 a share.
- A spokesperson said it was giving Castlelake until 17:00 BST on 5 July to make a firm offer or walk away.
Bedfordshire, Hertfordshire and Buckinghamshire Published38 minutes ago Easy Jet has rejected a fourth takeover offer worth £4.93bn from Castlelake.
The low-cost Luton-based airline said the US investment firm's bid was worth £6.50 a share, compared with the previous offers of £5.60, £6 and £6.25 a share.
A spokesperson said it was giving Castlelake until 17:00 BST on 5 July to make a firm offer or walk away.
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