US firm goes public with £4.7bn proposal to buy easyJet after earlier bids rejected

Investment company Castlelake made bid public for shareholders to evaluate but carrier describes offer as ‘cheap’Business live – latest updatesThe US investment firm trying to buy easyJet has gone public with its latest £4.7bn takeover proposal for the budget airline, its third and latest offer to be rejected.Castlelake said on Monday that an all-cash offer of 625p a share, valuing easyJet at just over £4.7bn, had been rejected by the airline’s board on Sunday, after previous offers at 560p and 600p. Continue reading...