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المشهد العربي
Apollo Global proposes to buy easyJet
The American private equity firm Apollo Global Management has announced a takeover bid for the British airline EasyJet valued at £5.7 billion (equivalent to $7.65 billion), surpassing a previous offer from Castle Lake. Apollo has offered £7.15 per share, prompting EasyJet's board to recommend accepting this bid instead of Castle Lake’s offer of £6.90 per share. Both companies confirmed that the new proposal provides better cash value for shareholders, with Apollo committed to meeting conditions related to anti-trust regulations and securing necessary approvals. The deal also aims to preserve the EasyJet brand and existing licensing agreements.
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