Castlelake goes public with $6.26 billion bid for budget carrier Easyjet
June 22 (Reuters) – U.S. investment firm Castlelake went public on Monday with a £4.74 billion ($6.26 billion) for Easyjet after the budget carrier rejected three separate takeover proposals.
The third proposal valued Easyjet at 625 pence per share, a 24% premium to its closing price on Friday.
Castlelake said it intends to offer a partial equity alternative to allow Easyjet shareholders to remain invested in the company as a privately held business in partnership with Castlelake.
