Apollo agrees £5.7bn easyJet take-private deal as Castlelake exits bidding race

Apollo Global Management has agreed to acquire London-listed airline easyJet in a transaction valuing the low-cost carrier at approximately £5.7bn ($7.7bn), bringing an end to a months-long takeover contest after rival bidder Castlelake withdrew from the process, according to a report by Reuters.

Original Source

Read the full article at Privateequitywire →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.