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    EasyJet accepts £5.7bn takeover bid from Apollo

    2 weeks ago

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    EasyJet has agreed to a £5.7 billion takeover bid from Apollo, valuing shares at £7.15 each. This decision comes after a bidding war with Castlelake, which previously offered £6.90 per share. EasyJet's board believes Apollo's proposal offers a superior outcome for shareholders. The deal marks a significant overseas acquisition of a UK airline.
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