EasyJet Takeover Battle Intensifies After £5. 7B Apollo Bid EasyJet has received a higher £5 7 billion takeover offer from Apollo Global Management, raising the prospect of a bidding war only days after the budget carrier said it was prepared to accept a rival proposal from Castlelake
EasyJet agrees to rival £5. 7bn takeover bid by US giant Apollo EasyJet has agreed to a takeover by Apollo in a £5 7 billion deal, kickstarting a bidding war for the UK airline which days ago accepted a bid from rival US suitor Castlelake The Luton-based airline said it had reached an agreement in principle for an offer worth £7 15 per easyJet share