EasyJet accepts Apollo Global’s 5.7 billion pound offer as Castlelake exits the race
EasyJet shareholders will receive 7.15 pound a share, a price Apollo had tabled in July after the airline recommended a rival offer from Castlelake...
Tag : Castlelake
With USD 7.7 billion bid, Apollo gatecrashes Castlelake’s easyJet takeover attempts
The proposal placed by Apollo values easyJet at 7.15 pounds a share, above Castlelake’s 6.90-pound offer, which the budget carrier’s board had agreed to recently...
After four failed bids, Castlelake gains ground on easyJet
The new offer at 6.90 pounds a share represents a 73% premium to easyJet's closing price on May 29, when Castlelake disclosed its interest in the airline...
EasyJet rejects Castlelake’s takeover attempt, demands ‘more attractive proposal’
While rejecting Castlelake's fourth bid, easyJet's board unanimously accused the American firm of attempting to undervalue the airline...
Backed by former easyJet veteran, Castlelake launches fourth bid for airline
Castlelake's 6.25-pound-per-share proposal represents a premium of about 57% to easyJet's share price of 3.94 pounds on May 29...
Castlelake eyes possible takeover of budget carrier easyJet, may rope in MSC
While easyJet has called the Castlelake's offer "highly opportunistic", analysts say the company's low valuation, key airport slots and stable fleet make it a prime takeover target...