EasyJet shareholders approve Apollo's £5.7bn takeover offer

According to the company's statement, EasyJet aims to complete the sale transaction before the end of the first quarter of next year.

After the company's shareholders approved the £5.7 billion acquisition offer of US private equity firm Apollo, the acquisition will be reviewed within the framework of regulatory rules in the European Union.

The acquisition is set to be recorded as one of the largest private equity acquisitions of an airline company in Europe.

According to EasyJet's statement, 97.07 percent of the shares voted within the scope of the acquisition plan were supported in favor of the agreement, and 83.29 percent of shareholders with voting rights supported the agreement. Thus, the approval threshold required for the low-cost airline company to be delisted from the stock exchange and transferred to private ownership was exceeded.

If the acquisition is completed, EasyJet will leave the London Stock Exchange, where it has been listed for more than 25 years.