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.
28 aviation articles tagged “easyJet”
easyJet extended the deadline for Castlelake to match Apollo's £5.7 billion takeover offer as geopolitical factors pressure the airline.
The UK Takeover Panel aligned bidding deadlines for easyJet, as Apollo Management pursues a £5.7 billion acquisition of the low-cost carrier.
Apollo Global Management has proposed a £5.7 billion acquisition of easyJet, offering an 81% premium and challenging Castlelake's earlier bid.
An IBA analysis values easyJet's 206 owned aircraft at $6.6 billion, fueling a competitive takeover bidding war between Castlelake and Apollo.
EasyJet's board has withdrawn its recommendation for Castlelake after Apollo Global Management submitted a superior £5.7 billion cash takeover offer.
Castlelake has reached an agreement in principle to acquire easyJet for £5.5 billion, offering shareholders a 73% premium per share.
Coordinated strikes by ENAV, easyJet, and ground handlers caused widespread flight cancellations across major Italian airports on July 5, 2026.
EasyJet has reached a preliminary agreement for a £5.2 billion buyout by Castlelake, valuing the carrier at 690 pence per share.
EasyJet rejected a £4.9 billion takeover bid from Castlelake but extended the PUSU deadline to July 5, 2026, to allow for further negotiations.
US firm Castlelake has bypassed the easyJet board to present its £4.7 billion, 625p-per-share takeover bid directly to shareholders.
easyJet has rejected a £4.74 billion takeover bid from Castlelake, prompting a June 26 deadline for the private equity firm to finalize its offer.
EasyJet is launching 13 new routes from eight UK airports for the winter 2026-27 season, including a new Manchester to Cairo service.
easyJet introduced a 48-hour flight search tool to capture the growing market of spontaneous UK travellers seeking last-minute summer holidays.
An Italy airport strike on June 13, 2026, forced easyJet to cancel 210 flights, impacting 40,000 passengers amid broader labor volatility.
An easyJet flight was delayed nearly four hours after a pilot and passengers restrained a disruptive individual on an Airbus A319 at Luton Airport.
An EasyJet flight with 186 occupants cleared the Luton runway end by 65 feet after a performance error caused a premature intersection takeoff.
An EasyJet flight from Manchester to Kos departed from the wrong runway intersection on July 6, 2025, triggering an official AAIB safety investigation.
Air France-KLM CEO Ben Smith confirmed interest in a potential joint bid with Castlelake for EasyJet, citing the carrier's attractive slot portfolio.
Schiphol has launched the world's first electric TaxiBot to enable engine-off aircraft taxiing, targeting a 65% reduction in fuel consumption.
U.S. investment firm Castlelake has signaled potential interest in acquiring easyJet, triggering a June 26, 2026, deadline for a formal bid.