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Apollo Launches £5.7 Billion Takeover Bid for easyJet, Outbidding Castlelake

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10 July
Latest10 Jul, 21:31
US 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.
Aviation24.be•André Orban
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...
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