Apollo Global Management Bids $7.7 Billion for UK-Based Low-Cost Airline easyJet
Apollo Global Management (APO) has made a cash offer of approximately £5.7 billion ($7.7 billion) to acquire British low-cost airline easyJet, causing its shares to rise over 46% in the past month. The deal must be finalized by August 7, 2026, and faces regulatory hurdles under EU acquisition rules.
Tickers: $APO
Topics: Apollo Global Management easyJet European airlines private equity acquisition