Economy
European Budget Airline Agrees to $5.7B Takeover Deal
EasyJet accepts acquisition proposal from US investment firm Apollo after competitor withdraws from bidding process for the low-cost carrier.
EasyJet accepts acquisition proposal from US investment firm Apollo after competitor withdraws from bidding process for the low-cost carrier.
EasyJet agrees to a takeover offer from US firm Apollo, surpassing Castlelake's proposal in a competitive bidding situation for the European airline.
EasyJet reaches a breakthrough agreement in principle for a potential takeover by Castlelake after rejecting four previous offers from the US investment firm.
EasyJet dismisses Castlelake's £4.7bn takeover offer as opportunistic. The airline claims the bid significantly undervalues the company amid market challenges a...