Home / Business and Economy / EasyJet Denies Takeover Talks Amid Castlelake Stake
EasyJet Denies Takeover Talks Amid Castlelake Stake
1 Jun
Summary
- EasyJet stated no takeover interest from Castlelake has been received.
- The airline would evaluate any proposal carefully, prioritizing valuation.
- Castlelake confirmed a holding of about 2.14% in easyJet.
EasyJet has issued a statement addressing potential acquisition interest. The British budget carrier confirmed on Monday that it has not received any takeover inquiries from the U.S.-based investment firm Castlelake.
While denying current interest, easyJet indicated that its Board would carefully consider any future proposals. The company emphasized that such an assessment would be particularly mindful of the offer's valuation and its feasibility.
Separately, Castlelake confirmed its investment position, stating it holds about 2.14% of easyJet's total share capital. This stake equates to approximately 16.2 million shares in the airline.
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