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8 sourcesTracking since 6 Aug, 13:50

Apollo agrees £5.7 billion takeover of easyJet as Castlelake walks away

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Chronological coverage

  1. 7 August
  2. Travel Radar
    Latest7 Aug, 19:00

    easyJet Bidding War Ends as Apollo Makes Offer for Takeover

    The bidding war for easyJet has officially come to an end after US firm Apollo Global put in a £5.7 billion ($7.7 billion) bid for the British airline. This offer topped rival investment firm Castlelake’s £5.2 billion proposal that was previously agreed to ‘in principle’ by easyJet at the beginning of July. Founder of easyJet, […]

    Travel RadarTravel Radar•Olivia Jarvis
  3. AviTrader
    Follow-up7 Aug, 08:38

    EasyJet agrees £5.7bn take-over by US private equity firm Apollo

    EasyJet has formally agreed to a £5.7bn take-over by US private equity firm Apollo Global Management, according to The Guardian. The airline confirmed on Thursday that it had accepted Apollo’s firm offer after rival bidder Castlelake withdrew from the race, ending the prospect of a bidding war. The deal values easyJet at £7.15 a share, […]

    AviTraderAviTrader•Heike Tamm
  4. 6 August
  5. Aviation News EU
    Follow-up6 Aug, 21:29

    Apollo Global Agrees to Acquire easyJet in £5.70 Billion Airline Takeover

    ​Aviation News – Apollo Global has reached a definitive agreement to acquire European budget carrier easyJet in a cash transaction valuing the airline at approximately...

    Aviation News EUAviation News EU
  6. Follow-up6 Aug, 21:07

    Apollo secures easyJet takeover after Castlelake exits bid race

    Founder Stelios Haji-Ioannou backs £5.7 billion deal and will remain a long-term shareholder

    Air Data NewsAir Data News•Ricardo Meier
  7. Follow-up6 Aug, 20:47

    EasyJet Agrees £5.7bn Takeover by Apollo After Rival Bidder Withdraws

    easyJet has agreed to a £5.7 billion takeover by US private equity firm Apollo Global Management after rival group Castlelake withdrew from bidding.

    AviationSource NewsAviationSource News•Len Varley
  8. AirlineGeeks
    Follow-up6 Aug, 17:06

    EasyJet Agrees to $7.7B Takeover By Apollo

    Castlelake, which was also in the running, withdrew its bid on Thursday.

    AirlineGeeksAirlineGeeks•Zach Vasile
  9. Follow-up6 Aug, 16:28

    Apollo Wins EasyJet Takeover Battle

    Apollo outbid Castlelake and outstructured it. Its winning approach could become the blueprint for how overseas private equity acquires European airlines under strict local ownership rules.

    Skift AirlinesSkift Airlines•Gordon Smith
  10. AeroTime
    First seen6 Aug, 13:50

    Apollo agrees £5.7 billion takeover of easyJet as Castlelake walks away

    Apollo Global Management has agreed a recommended cash acquisition of easyJet valuing the low-cost carrier at approximately £5.7…

    AeroTimeAeroTime•Clement Charpentreau