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Results for "Castlelake"

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US Firm Castlelake Seeks EasyJet Stake Amid EU Regulatory Concerns
Businesstvn24Yahoo1mo ago2 sources

US Firm Castlelake Seeks EasyJet Stake Amid EU Regulatory Concerns

US investment firm Castlelake is attempting to acquire a stake in British airline easyJet, but the potential deal faces hurdles due to EU regulations. EasyJet has granted Castlelake access to its books, indicating the process is moving forward despite regulatory complexities.

EasyJet Agrees to $7.7 Billion Takeover by US Private Equity Firm Apollo
BusinessReutersBBCwsj+28FTle-mondeyle-uutisetcnbcnosfazBarron'sberlingske+20 more11d ago31 sources

EasyJet Agrees to $7.7 Billion Takeover by US Private Equity Firm Apollo

European budget airline EasyJet has agreed to a $7.7 billion takeover by the US private equity firm Apollo. The deal, backed by the airline's founder Stelios Haji-Ioannou family, will transfer EasyJet into American ownership.

Solstice Advanced Materials to Acquire Element Solutions in $14.5 Billion Deal
BusinessFTYahoocapital-bg+2channel-news-asiaseeking-alpha1mo ago5 sources

Solstice Advanced Materials to Acquire Element Solutions in $14.5 Billion Deal

Honeywell spinoff Solstice Advanced Materials is set to acquire Element Solutions in a $14.5 billion cash-and-stock deal, aiming to sharpen its focus on the AI market. This acquisition follows earlier reports of merger talks between the two companies for a larger $27 billion valuation.

EasyJet Agrees to $7.3 Billion Takeover Bid from US Investors
BusinessBBCFTThe Guardian+15nzzcnbcfazla-repubblicaorfde-volkskrantdie-pressemarketwatch+7 more1mo ago18 sources

EasyJet Agrees to $7.3 Billion Takeover Bid from US Investors

Budget airline EasyJet has agreed in principle to a $7.3 billion takeover bid from US investment firm Castlelake, causing its shares to jump significantly. The deal could potentially lead to the airline's restructuring or even its breakup, raising concerns for some of its operational bases.

EasyJet Rejects Fourth Castlelake Takeover Bid, Enters Talks
BusinessBBCbloombergFT+4The GuardianpublicoThe Independentobservador1mo ago7 sources

EasyJet Rejects Fourth Castlelake Takeover Bid, Enters Talks

EasyJet has rejected a fourth takeover offer from US investment fund Castlelake, valued at £4.9 billion, but has subsequently entered into talks with the fund. The airline had previously rebuffed earlier proposals from Castlelake.

EasyJet Rejects £4.7 Billion Takeover Bid from Castlelake
BusinessBBCbloombergFT+9The Guardianfazle-figaroThe Independentindex-hrirish-independentseeking-alphaDaily Nation+1 more1mo ago12 sources

EasyJet Rejects £4.7 Billion Takeover Bid from Castlelake

EasyJet has rejected a £4.7 billion takeover offer from US bidder Castlelake, stating that the proposal attempts to acquire the airline "on the cheap" and that the board is holding out for a higher valuation.

Apollo Outbids Castlelake for EasyJet Takeover with £5.7 Billion Offer
BusinessBBCbloombergFT+16le-mondeThe Guardiannzzcnbcnosdie-pressemarketwatchmorgunbladid+8 more1mo ago19 sources

Apollo Outbids Castlelake for EasyJet Takeover with £5.7 Billion Offer

US private equity firm Apollo has launched a surprise £5.7 billion takeover bid for easyJet, surpassing an earlier offer from Castlelake and winning the support of the airline's board. This development has led to a significant jump in easyJet's stock.

EasyJet Agrees 'In Principle' to £5.2bn Takeover Deal
BusinessBBCThe Guardian1mo ago2 sources

EasyJet Agrees 'In Principle' to £5.2bn Takeover Deal

EasyJet has agreed 'in principle' to a £5.2 billion takeover deal, following previous rejections of four offers from US investment firm Castlelake. This marks a significant development after EasyJet shares had previously surged on news of a £5.5 billion bid.

SK Hynix Overtakes Samsung as South Korea's Most Valuable Company
Businessbloombergberlingskeder-standard+12telexdie-presseindex-hrYahoocapital-bgindian-expresscyprus-mailklix-ba+4 more1mo ago15 sources

SK Hynix Overtakes Samsung as South Korea's Most Valuable Company

SK Hynix has surpassed Samsung to become South Korea's most valuable company by market capitalization, driven by the booming artificial intelligence sector. This marks a significant shift in the country's corporate landscape after Samsung held the top spot for 26 years.

BusinessFT2mo ago

Castlelake Explores Bid for EasyJet

Private credit firm Castlelake is reportedly exploring a bid to acquire budget airline easyJet, which would result in another UK-listed company being taken off the stock market.