US private equity firm Apollo enters bidding war for easyJet with £5.7bn offer
Airline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this week Business live – latest updates The board of easyJet has given the green light to a possible £5.7bn offer from the US private equity firm Apollo, as the low-cost airline becomes the subject of a surprise bidding war. The company’s board said on Friday that it was “minded to recommend” the potential all-cash offer, which values the business at £7.15p a share, to shareholders. Continue reading...
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Apollo signalled that it would back easyJet’s current strategy and management and was not looking to break up the company. Photograph: Lisi Niesner/ReutersView image in fullscreenApollo signalled that it would back easyJet’s current strategy and management and was not looking to break up the company. Photograph: Lisi Niesner/ReuterseasyJetUS private equity firm Apollo enters bidding war for easyJet with £5.7bn offerAirline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this week Business live – latest updates Mark SweneyFri 10 Jul 2026 02.38 EDTLast modified on Fri 10 Jul 2026 02.45 EDTSharePrefer the Guardian on GoogleThe board of easyJet has given the green light to a possible £5.7bn offer from the US private equity firm Apollo, as the low-cost…
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