Easyjet agrees in principle to £5.7bn takeover bid by US private equity firm

The airline says a bid from US firm Apollo has trumped a previous potential takeover offer from Castlelake.

EasyJet Gets Rival Offer From Apollo that Beats Castlelake Bid - Bloomberg.com

EasyJet Gets Rival Offer From Apollo that Beats Castlelake Bid  Bloomberg.com

‘It’s all about the number’: how Apollo gazumped Castlelake’s easyJet bid

Takeover battle for UK budget airline took a last-minute twist after US investment giant outbid rival

British EasyJet accepts takeover bid from US private equity firm

Experts believe the new offer signals the start of a bidding war for the low-cost carrier.

Apollo gatecrashes easyJet sale with surprise £5.7bn takeover offer - business live

Rolling coverage of the latest economic and financial news Oil prices have slipped today, but are still set to end the week 6% higher as investors grow uneasy about the situation in the Middle East. Kathleen Brooks, of the broker XTB, says: The oil price is falling due to two factors, firstly, news that the US will continue its technical talks with Iran, and confirmation that the US remains committed to finding a diplomatic solution to this crisis, and secondly, reports from the IEA that oil ...

By Lauren Almeida

EasyJet weighs $7.7 billion rival takeover offer from Apollo amid Castlelake interest

A bidding war has broken out for budget carrier easyJet after Apollo and Castlelake have both submitted takeover offers.

Bidding war breaks out for easyJet as Apollo tops rival private-equity group’s bid

A bidding war has broken out for EasyJet, the British low-cost airline, with the second American private-equity bid.

By Steve Goldstein

EasyJet shares soar by 13% after it accepts takeover bid from US firm

The London Stock Exchange is set to lose another firm, snapped up by private equity

By Karl Matchett

Jim Flavin says bid for DCC ‘beggars belief’ and labels it a ‘derisory offer’

By John Burns

US private equity firm launches £5.7bn takeover bid for easyJet

British low-cost airline easyJet accepted an improved takeover proposal from US private equity firm Apollo on Friday, triggering a bidding battle after the new £5.7 billion offer surpassed a rival proposal from Castlelake. Apollo’s offer, valued at £5.7 billion (approximately $7.7 billion), exceeds Castlelake’s bid and marks the start of what analysts described as a […]

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