US firm goes public with £4.7bn proposal to buy easyJet after ea…
Reports from Guardian Business indicate that easyJet is Europe’s second-biggest low-cost airline behind Ryanair. EasyJet is Europe’s second-biggest low-cost airline behind Ryanair./p><p>Castlelake said it had now decided to make the…
Executive Summary
Real-time Market IntelligenceReports from Guardian Business indicate that easyJet is Europe’s second-biggest low-cost airline behind Ryanair.
Reports from Guardian Business indicate that easyJet is Europe’s second-biggest low-cost airline behind Ryanair. EasyJet is Europe’s second-biggest low-cost airline behind Ryanair./p><p>Castlelake said it had now decided to make the bid public so that easyJet shareholders could evaluate it before a takeover deadline on Friday.</p><p>“Castlelake expected that the third proposal would elicit prompt engagement from the easyJet board,” the company said. Strategic RationaleKey Strategic DriversMarket positioning and competitive advantagesOperational synergies and integration opportunitiesGeographic expansion and market access“Castlelake expected that the third proposal would elicit prompt engagement from the easyJet board,” the company said. Expert Commentary“The third proposal includes these EU national partners investing and participating in the proposed acquisition of the company through their ownership and control of an EU company,” said Castlelake. Looking AheadFor complete details on this development, refer to the original report from Guardian Business. Frequently Asked Questions