EasyJet Board Recommends Apollo's Higher Offer Over Castlelake's
Quick Look
- EasyJet's board has accepted Apollo Global Management's cash offer of £7.15 per share, valuing the airline at £5.7 billion, surpassing Castlelake's previous bid.
- The airline faces regulatory hurdles within EU law regarding ownership and control.
AI-generated summary
EasyJet's board has accepted Apollo Global Management's cash offer of £7.15 per share, valuing the airline at £5.7 billion, surpassing Castlelake's previous bid. The airline faces regulatory hurdles within EU law regarding ownership and control.






