Milliyet Son Dakika1 hour agoBusiness1 min readTürkiye

EasyJet is being sold for £5.7 billion

Quick Look

The Apollo fund aims to complete its £5.7 billion (about $7.54 billion) takeover offer of EasyJet before the end of the first quarter of 2027.
European unions find commitments to protect employee rights after acquisition insufficient.
If the deal is completed, EasyJet's status as a public company will cease.

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Why It Matters

The Apollo fund aims to complete EasyJet's £5.7bn takeover offer before the end of the first quarter of 2027.

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The Apollo fund aims to complete EasyJet's £5.7bn takeover offer before the end of the first quarter of 2027. Various unions in Europe found the commitments to protect the rights of employees after the acquisition insufficient. If Apollo's £5.7bn takeover offer is completed, EasyJet's status as a public company will cease.

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Open Questions

What are the financing details Apollo will provide for its EasyJet acquisition offer?
How will the employee rights commitments stated by European unions be improved?
What will EasyJet's new management structure be like after the end of its public company status?