1 Day
Source:
المشهد العربي
easyJet accepts Apollo bid
British airline company EasyJet has agreed to a final takeover offer worth £5.7 billion ($7.67 billion) from U.S. investment firm Apollo Global Management, following the withdrawal of its competitor, Castle Lake. The deal includes a price of £7.15 per share, the same offer presented by Apollo last month. Completion is expected before the deadline, with the company's founder and his family retaining their stake within the new structure. Shareholders are entitled to sell or transfer up to 49.9% of their shares.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)