EasyJet Set for £5. 7bn Apollo Takeover After Rival Bidder Walks Away The news that private equity firm Apollo is set to acquire EasyJet for £5.
7 billion has sent shockwaves through the aviation industry, sparking questions about the long term implications of this massive deal.
At first glance, it appears to be a straightforward takeover, with Apollo's deep pockets and willingness to pay 715p per share offering shareholders a welcome windfall.