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Euronews
Euronews
Nathan Rennolds

Budget carrier easyJet confirms €6.6 billion takeover by US private equity firm

easyJet United States Stelios HajiIoannou Europe

Budget airline easyJet announced on Thursday that it had formally accepted a £5.7 billion (€6.6 billion) takeover bid from US private equity firm Apollo Global Management.

The boards "are pleased to announce that they have reached agreement on the terms and conditions of a recommended cash acquisition," the carrier said in a statement.

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