News · 25 June 2026

EasyJet in talks after rejecting £4.9bn takeover bid

Matti Blume via Wikimedia Commons (CC-BY-SA-4.0)

EasyJet has opened discussions with US firm Castlelake, despite turning down its fourth takeover offer of £4.9 billion. The airline rejected the 650p-a-share bid, saying it undervalued the company and raised "significant questions of deliverability". However, EasyJet will give Castlelake access to information, hoping it leads to a better proposal before a 5 July deadline.

By BriefTea Editorial · 25 June 2026 at 11:17

Reported by The Guardian · How we write briefs

Get the app

More briefs

WorldTrump says America might bomb Iran's underground Pickaxe Mountain nuclear site PoliticsAndy Burnham rules out Scottish independence vote while offering more local powers GeneralObama praises Manchester workers who starved for US anti-slavery fight GeneralEnergy firms get winter loss protection if customers switch to cheaper deals SportsWhy HMRC just got £110m from football tax checks BusinessPound climbs to $1.3329 after strong August UK growth data Browse all stories →