EasyJet Agrees to £5.7bn Takeover Bid from Apollo Management

EasyJet Apollo Management takeover

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No-frills airline EasyJet has accepted a £5.7bn takeover proposal from US firm Apollo Management, surpassing a previous bid from Castlelake.
Apollo's offer of £7.15 per share is superior to Castlelake's £6.90, leading EasyJet to withdraw its recommendation for the earlier bid.

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No-frills airline EasyJet has accepted a £5.7bn takeover proposal from US firm Apollo Management, surpassing a previous bid from Castlelake. Apollo's offer of £7.15 per share is superior to Castlelake's £6.90, leading EasyJet to withdraw its recommendation for the earlier bid.

Read the full article on BBC Business

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