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The Guardian - UK
The Guardian - UK
Business
Gwyn Topham Transport correspondent

EasyJet agrees to £5.7bn takeover by US private equity firm

easyJet Apollo Castlelake United States Apollo Global Management
An EasyJet Airbus jet descends with landing gear down over a hillside town near Corfu
The decision means the deal will go through at £7.15 a share. Photograph: Imago/Alamy Stock Photo/Alamy Live News.

EasyJet has formally agreed to a £5.7bn takeover from US private equity firm Apollo Global Management.

The airline announced it had accepted a firm offer on Thursday after a rival bidder, Castlelake, said it would no longer pursue its attempted acquisition.

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