VERIFIEDET Finance·10 Jul 2026neutral

EasyJet accepts rival takeover bid by US investor Apollo

AI Summary

·US private equity firm Apollo has made a higher takeover bid for EasyJet, surpassing Castlelake's previous proposal.
·EasyJet's board now favors Apollo's offer, indicating a potential bidding war.
·Apollo must finalize its offer by August 7 under UK regulations.