EasyJet says no approach from Castlelake after takeover interest

easyJet said it has not received any takeover approach from U.S. investment firm Castlelake, despite Castlelake saying it was considering a possible offer. The update is largely factual and leaves deal speculation unresolved. Market impact should be limited unless a formal bid emerges.

Analysis

easyJet said it has not received any takeover approach from U.S. investment firm Castlelake, despite Castlelake saying it was considering a possible offer. The update is largely factual and leaves deal speculation unresolved. Market impact should be limited unless a formal bid emerges.