EasyJet Agreed to £5.7bn Takeover by US Private Equity Firm Apollo
easyJet has accepted a £5.7 billion takeover offer from US private equity firm Apollo, outbidding an earlier proposal from Castlelake valued at £5.2 billion. The deal includes a 81% premium on easyJet's share price before the initial bid and is expected to deliver significant value for shareholders.
Tickers: $APO
Topics: aviation industry private equity takeover