The Guardian

US private equity firm Apollo enters bidding war for easyJet with £5.7bn offer


Airline’s board minded to recommend deal – after accepting rival one from Castlelake earlier this week

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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.

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 link : https://www.theguardian.com/business/2026/jul/10/us-private-equity-firm-apollo-enters-bidding-war-for-easyjet

Author : Mark Sweney

Publish date : 2026-07-10 06:38:00

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Tags : The Guardian