Apollo agrees to acquire easyJet for £5.7 billion after Castlelake withdraws
Apollo Global Management will acquire easyJet for £7.15 per share in cash, valuing the U.K. low-cost carrier at £5.7 billion ($7.7 billion). The deal follows Castlelake’s withdrawal, leaving Apollo as the sole bidder and giving easyJet’s board-backed transaction a clear path forward.