easyJet Shares Hold Bid Premium as June 26 Takeover Clock Ticks
easyJet shares rose 0.36% to 473.42p in London on Monday amid ongoing takeover speculation, with Castlelake considering a possible bid above 403.23p per share. The stock traded between 450.80p and 479.00p on volume of 3.51 million shares. Castlelake has until June 26 to make a formal offer. easyJet recently reported a £552 million first-half pretax loss and warned on its full-year outlook.