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CNBC·3 min read·medium

EasyJet stock rises as airline weighs $7.7 billion Apollo takeover bid

C
Chloe Taylor
EasyJet stock rises as airline weighs $7.7 billion Apollo takeover bid
AI Summary

EasyJet shares rose significantly after the airline received a $7.7 billion takeover bid from Apollo Global Management. The board is currently reconsidering a previous agreement with Castlelake in favor of this higher-value offer.

EasyJet stock soared Friday after the budget carrier said it is considering a $7.7 billion takeover bid from Apollo Global Management , putting the airline at the center of a private equity bidding war.

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