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BBC News·1 min read·easy

EasyJet agrees in principle to rival £5.7bn takeover bid

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EasyJet agrees in principle to rival £5.7bn takeover bid
AI Summary

EasyJet has agreed in principle to a £5.7bn takeover bid from US firm Apollo Management, which surpasses a previous offer from Castlelake. The airline stated that the Apollo deal provides a superior outcome for its shareholders.

Image source, Reuters Published 14 minutes ago No-frills airline EasyJet says it has agreed in principle to a £5.7bn takeover proposal from US firm Apollo Management.

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