business · 2 outlets · 2 linked reports
EasyJet Shares Surge on £5.5 Billion Bid
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Summary
- EasyJet shares jump nearly 10% today.
- CastleLake proposes £5.5 billion takeover offer.
- Previous offers were rejected due to low bids.
- Analysts warn UK firms may be undervalued.
The question
Is the EasyJet takeover bid undervaluing UK companies?
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