easyJet Reopens Talks With US Investment Firm Despite Rejecting $6.4 Billion Takeover Offer

easyJet has reopened discussions with US investment firm Castlelake despite previously rejecting a £4.9 billion ($6.4 billion) takeover proposal, shifting the narrative from a failed bid to a potentially evolving acquisition process. According to The Guardian, the airline's board argued that the offer materially undervalued the company, yet its willingness to grant limited access to commercial information suggests that negotiations remain active rather than closed.



from Simple Flying https://ift.tt/fNOYwin
via IFTTT

Comments