US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected

US firm goes public with £4.7bn proposal to buy EasyJet

Castlelake, a $36bn US fund, has publicly proposed a £4.7bn takeover of EasyJet at 625p per share after three board rejections, with a June 26 decision deadline. The deal signals consolidation in European budget aviation and brings AI-focused partners into play; M&A in regulated sectors like airlines tests EU ownership frameworks affecting cross-border tech infrastructure partnerships.