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 EasyJet has formally agreed to a £5.7bn takeover from US private equity firm Apollo Global Management. The airline announced it had accepted a firm offer on Thursday after a rival bidder, Castlelake, said it would no longer pursue its attempted acquisition. Continue reading…