US investment firm reveals €5.46m bid for EasyJet 

EasyJet board has refused to engage and has rejected three approaches

EasyJet suitor Castlelake has gone public with a takeover proposal for the budget airline worth £4.74bn (€5.46bn) after three approaches have been rejected outright. Picture: PA

EasyJet suitor Castlelake has gone public with a takeover proposal for the budget airline worth £4.74bn (€5.46bn) after three approaches have been rejected outright.

Castlelake said it put forward a third approach to acquire easyJet on June 20 worth 625p a share, but this was rejected on June 21.