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EasyJet says no approach from Castlelake after takeover interest - Finance news and analysis from Global Banking & Finance Review
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EasyJet says no approach from Castlelake after takeover interest

Published by Global Banking & Finance Review

Posted on June 1, 2026

1 min read

· Last updated: June 1, 2026

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British budget carrier easyJet says no approach from Castlelake after takeover interest

easyJet Responds to Takeover Speculation

easyJet's Official Statement on Castlelake Interest

June 1 (Reuters) - British budget airline easyJet said on Monday it had not received any takeover interest from U.S.-based investment firm Castlelake, though it would consider any proposal should one be made.

Board's Approach to Potential Proposals

"In any assessment, the Board will be especially mindful of its valuation and deliverability," the company said in a statement.

Castlelake's Stake in easyJet

Details of Castlelake's Shareholding

Castlelake said it held about 2.14% of easyJet’s share capital, equivalent to around 16.2 million shares.

Reporting and Editorial Credits

(Reporting by Ankita Bora and Yadarisa Shabong in Bengaluru; Editing by Mrigank Dhaniwala)

Key Takeaways

  • Castlelake publicly stated on May 29 that it is evaluating a potential takeover of easyJet but emphasized that no approach has been made to the airline’s board (news.bloomberglaw.com).
  • According to UK Takeover Code, Castlelake must either announce a firm intention to bid by 5 p.m. on June 26, 2026, or withdraw (globalbankingandfinance.com).
  • Castlelake is a seasoned aviation investor with a track record including financing airlines, aircraft leasing, and prior investments like a stake in SAS and the launch of aviation finance platforms (airinsight.com)

References

Frequently Asked Questions

Has EasyJet received a takeover approach from Castlelake?
No, EasyJet stated it has not received any takeover approach from Castlelake.
Who is considering a possible takeover offer for EasyJet?
U.S.-based investment firm Castlelake, L.P. is considering a possible offer for EasyJet.
When did EasyJet respond to the takeover interest?
EasyJet made its statement on June 1 after Castlelake's expression of interest.
What is Castlelake's relationship to EasyJet?
Castlelake is an external investor that announced interest in a possible takeover but has not made an official approach.

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