easyJet

Apollo to take easyJet private in $7.7 billion deal

Apollo Global Management has agreed to acquire European budget carrier easyJet for £5.70 billion ($7.7 billion), taking the airline private after rival bidder Castlelake withdrew from its pursuit, Reuters reported on Thursday.

EU to review airline ownership rules, threatening U.S. bids for easyJet

The European Union is preparing to review its airline ownership regulations to prevent foreign investors from gaining effective control of EU carriers, an EU official disclosed at the Farnborough air show on Tuesday, in a move that could upend a…

EasyJet backs Apollo’s $7.7B bid, dropping Castlelake

EasyJet said on Friday it had agreed in principle to a £5.7 billion ($7.7 billion) takeover by Apollo Global Management, after the US private equity giant gatecrashed a rival bid from Castlelake with a higher offer of £7.15 per share…

EasyJet agrees to £5.5B Castlelake takeover as Europe’s rally hits new highs

Europe's STOXX 600 closed at a record high of 652.35 on Friday, capping its fourth consecutive week of gains and its strongest quarterly performance since late 2020, as a broadening rally beyond technology stocks and a wave of corporate deal-making…