Ett vit- och orangefärgat passagerarflygplan med uppfälld landningsställ mot en grå himmel.
The offer of 715 pence per share means that one of Europe’s best-known low-cost airlines will leave the London Stock Exchange and instead gain an owner with a clearly long-term investment perspective.

Apollo buys EasyJet for £5.7 billion - a new power player in European aviation

US-based Apollo Global Management is buying EasyJet for £5.7 billion after an intense bidding battle with Castlelake. The deal not only means the airline will leave the London Stock Exchange - it could also mark the start of a new phase in which Europe's aviation and travel market is shaped by well-capitalised private equity funds.

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