EasyJet holds out for higher Castlelake bid after rejecting offer, FT reports
ProShares Ultra MSCI Japan
ProShares Ultra MSCI Japan EZJ | 0.00 |
June 22 (Reuters) - 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.
($1 = 0.7552 pounds)
