British carrier says it hopes to receive ‘more attractive proposal that better reflects’ its value

The airline has rejected a third approach from US investment fund Castlelake worth 625p a share.

British no-frills airline EasyJet has rejected three informal takeover proposals from a US private equity firm, the latest totalling nearly £5 billion ($6.6 billion), the two…

Castlelake had submitted a fourth approach for easyJet worth £6.50 a share.