EasyJet's stock surged Friday following a $7.7 billion takeover bid from Apollo Global Management. The offer includes a cash option of £7.15 per share or a Stub Equity Alternative. This comes after a previous $7.3 billion offer from Castlelake.
EasyJet's stock surged over 13% Friday following a $7.7 billion takeover bid from Apollo Global Management. The cash offer values the budget carrier at £5.7 billion ($7.66 billion), with an alternative option for shareholders to retain voting rights.
EasyJet is considering a $7.7 billion takeover bid from Apollo Global Management. The cash offer values the airline at £5.7 billion ($7.66 billion), with shareholders potentially receiving £7.15 per share. An alternative offer allows shareholders to retain voting rights by rolling over their existing shareholding.
Billionaire Leon Black left a congressional hearing after refusing to answer questions about non-disclosure agreements (NDAs) related to his ties with late sex offender Jeffrey Epstein, amid scrutiny over potential involvement in silencing victims.
