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    EasyJet agrees to £5.7bn takeover by Apollo

    2 weeks ago

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    EasyJet has accepted a £5.7 billion takeover offer from Apollo, valuing its shares at £7.15 each. This decision follows a bidding war with Castlelake, which had previously proposed a lower offer. Apollo's approach is seen as providing a superior outcome for EasyJet's shareholders. The deal marks a significant move towards foreign ownership of UK companies.
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