The Latest Breaking News from Castlelake

EasyJet returns to FTSE 100 ahead of private equity takeover

EayJet’s return comes six months after it was demoted to the lower ranks of the FTSE 250.

Evening Standard · Sep 2

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

Apollo pledges not to cut jobs for at least a year

The Independent UK · Aug 6

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

Airline says it has accepted offer from Apollo Global Management after rival bidder Castlelake walks away

The Guardian - UK · Aug 6

EasyJet Shares Jump As Apollo Launches Higher $7.7 Billion Takeover Bid. Rival Offer From Castlelake Loses Board Support.

EasyJet shares surged Friday after the British budget airline said it is considering a higher takeover proposal from Apollo Global Management valued at about $7.7 billion, replacing its earlier support for a rival bid from Castlelake.

International Business Times · Jul 10

Apollo hijacks easyJet takeover with £5.7bn bid, trumping Castlelake

The budget airline easyJet has swung behind a £5.7 billion (€6.6bn) takeover proposal from the US private equity giant Apollo, abandoning its support for a rival American bidder days after agreeing to that offer.

Euronews · Jul 10

EasyJet shares soar by 13% after it accepts takeover bid from US firm

The London Stock Exchange is set to lose another firm, snapped up by private equity

The Independent UK · Jul 10

EasyJet accepts rival takeover bid by US investor Apollo

US private equity firm Apollo has made a higher offer for EasyJet. This new bid surpasses Castlelake's previous proposal for the British airline. EasyJet's board now favors Apollo's offer, signaling a potential bidding war. Apollo must finalize its offer by August 7 under UK regulations. The airline reported increased losses…

The Economic Times · Jul 10

EasyJet agrees to rival £5.7bn takeover bid by US giant Apollo

The airline said it had reached an agreement in principle for an offer worth £7.15 per easyJet share.

Evening Standard · Jul 10

EasyJet finally agrees to rival £5.7bn takeover bid from US giant

The airline said it had reached an agreement in principle for an offer worth £7.15 per share

The Independent UK · Jul 10

Apollo gatecrashes easyJet sale with surprise £5.7bn takeover offer – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Jul 10