EasyJet holds out for higher Castlelake bid after rejecting offer, FT reports

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- EasyJet EZJ.L 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 and people with knowledge of the talks.

The airline rejected the investor’s $6.3 billion bid earlier in the day, saying it undervalued the business.

Reuters could not independently verify the report.


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