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Apollo hijacks easyJet takeover with £5.7bn bid, trumping Castlelake

The budget airline easyJet has swung behind a £5.7 billion (€6.6bn) takeover proposal from the US private equity giant Apollo, abandoning its support for a rival American bidder days after agreeing to that offer.

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Apollo hijacks easyJet takeover with £5.7bn bid, trumping Castlelake
Source: Euronews
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The budget airline easyJet has swung behind a £5.7 billion (€6.6bn) takeover proposal from the US private equity giant Apollo, abandoning its support for a rival American bidder days after agreeing to that offer.

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