Castlelake is in the news for probing a potential easyJet bid after the budget airline said it’s in a strong financial position. Major players: private equity investor with a big stake.
Castlelake has disclosed it is in the early stages of considering a takeover offer for easyJet, valuing the airline at about 3 billion pounds, with a deadline of 26 June to decide whether to make a firm bid. easyJet has described the move as opportunistic while highlighting regulatory and execution risks.