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Apollo Acquires EasyJet for £5.7 Billion in Cash Deal

By Market Flux···1 min read

Private equity firm Apollo agreed to purchase UK budget airline EasyJet for £5.7 billion, or £7.15 per share in cash, taking the carrier private. The deal received backing from EasyJet's founder after rival bidder Castlelake withdrew.

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Sources

  1. FirstSquawkAPOLLO, EASYJET REACH PACT ON £7.15 IN CASH PER EASYJET SHR
  2. InvestingeasyJet founder backs Apollo’s takeover bid
  3. CnbcApollo agrees to buy UK airline EasyJet in $7.7 billion deal as Castlelake withdraws
  4. ReutersApollo to take easyJet private in $7.7 billion deal
  5. Seeking AlphaApollo agrees to purchase EasyJet for £5.7 Billion
  6. WsjBudget Carrier easyJet Agrees to $7.68 Billion Takeover by Apollo