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EasyJet rejects £4.7bn takeover bid from US firm

Published Monday, June 22, 2026 · Updated June 22

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Narrative Spectrum

Convergent Narrative · 0
  • Takeover Bid Rejection and Shareholder Appeal — 2 sources

Media Analysis

AI synthesis

EasyJet has rejected a £4.74bn takeover bid from US investment firm Castlelake, which valued the airline at 625p per share. This marks the third rejection of Castlelake's offer, leading the firm to make its proposal public to appeal directly to shareholders.

What We Know — Key Points

  • EasyJet has rejected a £4.74bn takeover offer from US investment firm Castlelake.
  • Castlelake's all-cash offer of 625p per share, valuing EasyJet at just over £4.7bn, was rejected by the airline's board on Sunday.
  • EasyJet accused Castlelake of trying to buy the airline "on the cheap."
  • Castlelake made its latest offer public after three rejections to allow shareholders to consider the proposal.

What Is Claimed — Perspectives

Takeover Bid Rejection and Shareholder Appeal
  • BBC News

    EasyJet has rejected a £4.74bn takeover offer from US investment firm Castlelake, accusing it of trying to buy the airline "on the cheap." Castlelake has made its latest offer public after three rejections, allowing shareholders to consider the proposal.

  • The Guardian

    US investment firm Castlelake has publicly announced its £4.7bn all-cash proposal to acquire easyJet, which the airline's board has rejected. This is Castlelake's third rejected offer, prompting them to go public to appeal directly to shareholders.

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