The same media outlet reveals that the airline stock dropped by around 31%, which can possibly be caused by the conflict in Iran, which impacted travel demand and fuel costs, as mentioned by the airline.
The investor interested in the takeover is Castlelake, which already owns 2.14% of easyJet. The company also mentioned that any bid would be at least 403.23p per share.
easyJet states that the timing of the interest reflects a period when its share price was pushed down, mainly because of the tension in the Middle East.
BBC states that easyJet did not receive any formal approach, mentioning that it is still working on improving profits, expecting to make more than £1 billion in pre-tax earnings in the medium term.
easyJet had also expressed that any takeover would require major regulatory and financial challenges, adding that it would consider any offer, if formally made.
