UPDATE 1-Castlelake mulls possible offer for British budget carrier Easyjet

ProShares Ultra MSCI Japan

ProShares Ultra MSCI Japan

EZJ

0.00

Adds details

- 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 EZJ.L.

No approach has been made to the board of Easyjet and there can be no certainty that any offer will be made, nor as to the terms of any offer, Castlelake said in a statement.

Under UK takeover rules, Castlelake must make a firm offer by June 26 or walk away from a deal.