None
EN
Easyjet extends window for another Castlelake bid
['Samuel Norman', 'Senior City Reporter']
City AM
Easyjet extends window for another Castlelake bidEasyjet has extended the deadline for Castlelake to make a bid.
Easyjet has extended the window for another takeover bid from asset manager Castlelake after its offer was usurped by investment giant Apollo last month.
The prolongation means both firms will have to make a firm offer for the airline or announce they intend to walk away by no later than 5pm on the 7 August.
Easyjet said it is not clear whether any firm offer will be made and the announcement was released without the consent of either potential suitors.
Easyjet shares have surged over 40 per cent since the beginning of June, now trading around the 623p mark.