Castlelake goes public with a £4.7bn easyJet bid, still not a knockout price
After three board rejections and a bid deadline at week-end, Castlelake needs shareholders, including Stelios, to move.
By Mohammed Al-Shehri·· 3 min
3 briefings · “castlelake”
After three board rejections and a bid deadline at week-end, Castlelake needs shareholders, including Stelios, to move.
The board pushes back on a US investment firm offer, signaling leverage and raising questions about takeover pressure.
After earlier 560p and 600p offers failed, the US investor’s all-cash third bid lands anyway, for shareholders to judge.