EasyJet rejects £4.7bn takeover offer from US investment firm

EasyJet has rejected a £4.7 billion takeover offer from US investment firm Castlelake. The airline views the bid as "highly opportunistic", suggesting it is attempting to capitalize on a vulnerable position. Castlelake's offer is the latest in a series of bid approaches, with EasyJet having previously received and rejected other proposals. EasyJet's decision indicates the airline's intention to maintain its independence.

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