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Quartz·1 min read·easy

Apollo and Castlelake face the same Friday deadline in the fight for EasyJet

Cris Tolomia
AI Summary

Investment firms Apollo and Castlelake are facing a Friday deadline to finalize their potential acquisition bids for the airline EasyJet. The U.K. Takeover Panel has granted a deadline extension to Castlelake to allow for further deliberation.

The U.K. Takeover Panel consented to extending Castlelake's deadline from August 3, giving both suitors until 5 p.m. Friday to commit or walk away

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