EasyJet has rejected a takeover offer worth £4.74billion from US investment firm Castlelake, branding its latest swoop on the UK firm as ‘highly opportunistic’.
It is the third proposal made by the US predator for the airline following a slump in its share price since the outbreak of the Iran war.
But in a statement today EasyJet said it had concluded that the latest offer ‘represents an opportunistic attempt to acquire easyJet “on the cheap” and that it is therefore not in the best interests of easyJet shareholders.’
EasyJet shares had taken a hit after it was battered by rising jet fuel bills
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