Key Takeaway
Airline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this weekBusiness live – latest updatesThe 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.
Published July 10, 2026 · Category: News
Overview
Airline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this week
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.
Details
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.
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Source
Originally published at www.theguardian.com.
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What is "US private equity firm Apollo enters bidding war for easyJet with £5.7bn offer" about?+
Airline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this weekBusiness live – latest updatesThe 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...
Who reported this story?+
This story was reported by The Guardian World.