easyJet Extends Castlelake Deadline to Match Apollo Bid
easyJet extended the deadline for Castlelake to match Apollo's £5.7 billion takeover offer as geopolitical factors pressure the airline.
Aug 4, 20265 min
Airlines
3 aviation articles tagged “Apollo Global Management”
easyJet extended the deadline for Castlelake to match Apollo's £5.7 billion takeover offer as geopolitical factors pressure the airline.
Apollo Global Management has proposed a £5.7 billion acquisition of easyJet, offering an 81% premium and challenging Castlelake's earlier bid.
EasyJet's board has withdrawn its recommendation for Castlelake after Apollo Global Management submitted a superior £5.7 billion cash takeover offer.