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The Independent UK

Business

Jane Dalton

EasyJet to be sold to US private-equity firm in £5.7bn deal

easyJet Apollo United States Stelios HajiIoannou Castlelake

EasyJet is one of Europe’s biggest airlines - (Getty/iStock)

Budget airline easyJet is to be sold in a £5.7bn deal to a private equity firm that has promised not to cut jobs for at least a year.

Apollo outbid rival suitor Castlelake, which had walked away from a bidding war after offering £5.5bn

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