The Guardian25 Jun 2026Macro
Automatically composed with AI from the cited sources
EasyJet has granted Castlelake access to limited commercial information after unanimously rejecting a fourth, 650p-a-share (£4.9bn) proposal, while the UK Takeover Panel deadline was extended from 26 June to 5 July. The bid vehicle now includes Brookfield Asset Management alongside two Irish EU nationals to address ownership rules. The 650p offer represents a step up from Castlelake’s initial 403p on 1 June and the 625p third bid rejected on 22 June, and the nine-day extension replaces the original 26 June deadline.
Context
The 650p offer represents a step up from Castlelake’s initial 403p on 1 June and the 625p third bid rejected on 22 June, and the nine-day extension replaces the original 26 June deadline.
