EasyJet agrees to rival £5.7bn takeover bid
EasyJet has agreed in principle to a £5.7bn takeover bid from US firm Apollo Global Management. The airline rejected a previous offer from Castlelake, citing the superior value of the Apollo proposal for its shareholders.
Why it matters
This acquisition highlights the ongoing consolidation in the European aviation sector and the high value placed on prime airport slots.
Image source, Getty Images By Nick Edser Business reporter Published 10 July 2026, 07:30 BST Updated 3 hours ago No-frills airline EasyJet says it has agreed in principle to a £5.7bn takeover proposal from US firm Apollo Global Management - just days after accepting an offer from a rival suitor.
The article reports on corporate financial news using standard, objective business journalism practices.
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