EasyJet in Talks with US Group Amid Bid Rejection

By the Editorial Team · Monday, June 29, 2026

EasyJet is negotiating with US private credit firm Castlelake after rejecting a fourth bid valued at around £4.9 billion, seeking a higher offer. If a deal is approved, the airline could be delisted from the FTSE 250 index, marking its exit from the London mid-cap market.

EasyJet is engaged in discussions with US private credit firm Castlelake as the airline continues to seek a more favorable bid following the rejection of a fourth offer. The latest bid valued the company at approximately £4.9 billion. Despite ongoing talks and the sharing of information with Castlelake, EasyJet has maintained its position that it aims to secure a higher proposal.

Castlelake has reportedly reached out directly to EasyJet shareholders in an effort to garner support for its bid. The outcome of these efforts remains uncertain, with the airline’s founder appearing hesitant to proceed with a sale under the current terms.

Should the founder decide to approve a transaction, EasyJet may be removed from the FTSE 250 index, reflecting its departure from the London stock market’s mid-cap segment. The discussions highlight the complex negotiations underway as EasyJet navigates potential ownership changes amid shareholder scrutiny and market pressures.

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