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Apollo tops rival bid for EasyJet

EasyJet accepts takeover offer from Apollo, over Castlerock's bid

British budget airline EasyJet says it's reached an agreement in principle for a £5.7-billion ($7.7-billion) takeover by U.S. private equity firm Apollo, topping a rival offer from fellow American private equity investor Castlelake.

· 1d · on MSN

EasyJet agrees in principle to rival £5.7bn takeover bid

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EasyJet swaps Castlelake for Apollo in $7.7B bidding war

RTE Online · 1d

Apollo trumps Castlelake with £5.7 billion EasyJet bid

EasyJet has agreed in principle to a £5.7 billion takeover approach from Apollo Global, the UK budget airline said today, ditching a lower bid from rival suitor Castlelake.

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EasyJet agrees to surprise takeover bid as rival US firm swoops in

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EasyJet Has Private Equity Firms Going Out of Their Comfort Zone

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EasyJet: Bidding war is launched for major UK airline

Private equity firm Apollo’s surprise approach follows five proposals from Castlelake, four of which easyJet rejected, claiming it was trying to buy the firm “on the cheap”.

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

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Apollo gatecrashes Castlelake's easyJet takeover with £5.7 billion offer

3don MSN

Top U.S. firm Castlelake acquires EasyJet after huge losses

Castlelake's $7.3 billion takeover bid values EasyJet at 73% above its May price. Here's what it means for investors and European aviation stocks.

Private-equity giant Apollo launches $7.7B offer for budget airline easyJet — setting up potential bidding war

Investment firm Apollo Global Management launched a £5.7 billion ($7.7 billion) bid for easyJet on Friday, trumping a rival offer from Castlelake and setting up a potential takeover battle for one of Europe’s biggest airlines.

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Why passengers will pay for easyJet’s debt-fuelled future

When bleary-eyed easyJet investors looked at their phones shortly after 7am on Friday, there was a surprise twist to the airline’s months-long takeover saga.

EasyJet’s board backs a £5bn takeover — what happens to shareholders now?

EasyJet’s board has backed a £5 billion takeover by US firm Castlelake at £6.90 per share. Here’s what the deal means for shareholders and what risks could prevent it completing.