BUSINESSGUARDIAN US
US private equity firm Apollo enters bidding war for easyJet with £5.7bn offer
US private equity firm Apollo has entered a bidding war for easyJet with a £5.7bn all-cash offer. The airline’s board is 'minded to recommend' the deal after previously accepting a rival offer from Castlelake earlier this week.
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- EasyJet agrees to $6.7 billion takeover by U.S. private equity firm
- Bidding war breaks out for easyJet as Apollo tops rival private-equity group’s bid
- EasyJet shares jump almost 10% after it agrees £5.5bn takeover bid
- EasyJet agrees to £5bn takeover by US investment firm