EasyJet agrees to £5.7bn takeover by US firm
The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.


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The no-frills carrier agrees to be bought by US firm Apollo after a rival suitor drops out.

EasyJet shares tumbled Thursday after Castlelake said it would not be bidding for the U.K. airline.

The airline says a bid from US firm Apollo has trumped a previous potential takeover offer from Castlelake.

Airline's board to recommend offer of £6.90 a share in deal analysts say shows UK firms are being bought on the cheap. Shares in easy. Jet surged nearly 10% af…

U.K. budget airline has struck a deal to be acquired after rejecting four previous offers by the American investment firm.

Rolling coverage of the latest economic and financial news. England's victory against Mexico in the World Cup last night was a win for the UK's high streets to…

EasyJet shares surged in early dealmaking Monday after it agreed in principle to takeover bid from Castlelake.

EasyJet shares traded at a discount to the price the U.K. airline says it's reached with an American investment firm on a buyout.
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