easyJet Board Considers £5.7bn Apollo Offer Amid Bidding War

easyJet Apollo Castlelake

L'essentiel

easyJet's board is now "minded to recommend" a £5.7bn all-cash offer from Apollo, valuing the airline at £7.15p per share.
This follows a previous agreement in principle with Castlelake for a £5.5bn deal, which was later deemed undervalued.

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easyJet's board is now "minded to recommend" a £5.7bn all-cash offer from Apollo, valuing the airline at £7.15p per share. This follows a previous agreement in principle with Castlelake for a £5.5bn deal, which was later deemed undervalued.

Read the full article on Guardian UK

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This article was originally published by Guardian UK.

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