The latest proposal—the fifth from Castlelake—stands at £6.90 a share. This is up from a previous proposal of £6.50 a share.

Short-sellers retreat from European airlines

09:36am, Thursday, 02'nd Jul 2026
Investors have continued to unwind bearish bets against European airlines over the past month, according to Citi. The bank published fresh positioning data, drawn from its quantitative team, showing h
EasyJet PLC (LSE:EZJ) has rejected a fourth takeover proposal from Castlelake, saying the US private equity firm's latest approach still undervalues the airline and raises significant concerns over w
The airline's board rebuffed a fourth takeover bid from Castlelake, but said it would extend talks and share commercial information to obtain a higher offer.
EasyJet and its investors ‌are holding out for at least £600 million ($794.46 million) more from U.S. suitor Castlelake, the Financial ​Times reported on Monday, citing leading shareholders ​an
The investment firm urged shareholders to consider the offer as it seeks to take budget airline private.
Castlelake on Monday disclosed its £4.74 billion ($6.26 billion) takeover bid for easyJet , backed by former Malaysia Airlines CEO Peter Bellew, after the budget carrier rejected ​three proposals f
We believe the recent Castlelake approach has highlighted a disconnect between easyJet's market valuation and the value of its underlying assets. EJTTF's market capitalization remains well below repor
Airlines face a fuel‑price shock and aging fleets that threaten post‑pandemic recovery, forcing route cuts and raising costs as industry profits plunge and margins tighten across 2026.
In an interview at the IATA annual meeting in Rio de Janeiro, Air France-KLM CEO Benjamin Smith said the airline may need to raise ticket prices to compensate for rising fuel costs sparked by war in t
U.S. investment firm Castlelake is looking at MSC, the world's ​largest shipping group, as a partner in a consortium for a ‌potential takeover bid for British budget airline easyJet , Italian dail
Shares in easyJet PLC (LSE:EZJ) climbed 3.5% after Citi estimated that the airline's aeroplane fleet could be worth double the recent share price. The US investment bank said the company's aircraf
British budget airline easyJet has caught the eye of U.S. investment firm Castlelake for a possible takeover.
British budget ​carrier easyJet ‌said on ​Monday ​it had not ⁠received ​any takeover ​approach from U.S.-based ​investment ​firm Castlelake, L.P., ‌after ⁠the investor said it �
U.S.-based investment firm Castlelake, L.P. ​on Friday said ‌it is in early stages of considering ​a possible offer ​for British budget carrier ⁠Easyjet.
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