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Apollo Launches £5.7 Billion Takeover Bid for easyJet, Outbidding Castlelake
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- FIRST SEEN10 Jul, 14:32
Apollo Launches £5.7 Billion Takeover Bid for easyJet, Outbidding Castlelake
Aviation News – U.S. investment firm Apollo Global Management has launched a massive £5.7 billion ($7.7 billion) takeover bid for British budget airline easyJet, sparking...
Aviation News EU
LATEST10 Jul, 21:31US private equity firm Apollo launches £5.7 billion bid for easyJet, triggering takeover battle
easyJet has agreed in principle to a £5.7 billion ($7.7 billion) takeover offer from US private equity firm Apollo, after it submitted a £7.15-per-share proposal that surpassed rival Castlelake’s £6.90-per-share bid. The higher offer has prompted easyJet’s board to withdraw its support for Castlelake’s proposal, setting the stage for a competitive bidding process for the […]
Aviation24.be•André Orban