British no-frills airline EasyJet has rejected three informal takeover proposals from a US private equity firm, the latest totalling nearly €5.9bn (£5 billion), the two sides revealed on Monday.
Published on
22/06/2026 - 14:32 GMT+2
The firm, Castlelake, publicly declared last month its interest in buying the carrier, which flies mostly across Europe.
It said on Monday that it was now appealing directly to EasyJet shareholders to consider the "merits" of its latest proposal.
Under UK takeover rules, Castlelake has until Friday to table a formal bid or walk away for six months.
British no-frills airline EasyJet has rejected three informal takeover proposals from a US private equity firm, the latest…
The UK airliner branded Castlelake’s initial interest as ‘highly opportunistic’ in its first response
Before news of takeover interest emerged, shares in EasyJet had lost about a fifth of their value since the start of the year
Investment firm Castlelake says it has made bid public so easyJet shareholders can evaluate it ahead of Friday takeover deadline
The airline has rejected a third approach from US investment fund Castlelake worth 625p a share.
Castlelake put forward a third approach to acquire easyJet on June 20 worth 625p a share, but said this was rejected on June 21.
US firm goes public with £4.7bn proposal to buy EasyJet
