EasyJet holds out for higher Castlelake bid after rejecting offer, FT reports

easyJet

Today 18:21

    June 22 (Reuters) - EasyJet EZJ.L and its investors are holding out for at least £600 million ($794.46 million) more from U.S. suitor Castlelake, the Financial Times reported on Monday, citing leading shareholders and people with knowledge of the talks.

    The airline 
    rejected
     the investor’s $6.3 billion bid earlier in the day, saying it undervalued the business.
Reuters could not independently verify the report. 

($1 = 0.7552 pounds)

 (Reporting by Ankita Bora in Bengaluru; Editing by Sahal Muhammed)
 ((Ankita.Bora@thomsonreuters.com;))